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The short explanation of this alert was:

In the past few years, working families have seen their retirement security go up in smoke. But in the same period, corporate CEOs have gotten enormous new retirement packages worth millions a year.

Too often, executives' compensation packages have little to do with the performance of the companies they lead. And while executives are required to report their pay to the Securities and Exchange Commission (SEC), they often try to hide the true amounts behind complex accounting tricks.

But now we can act to help stop this abuse. The SEC is considering new rules that would force companies to describe executive compensation packages in plain English and require them to estimate the total dollar value of all the pay. Send a message to the SEC today and tell the commissioners you support the new pay disclosure rules.



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