The Katie Couric Clause was a slang term to refer to a controversial rule that the Securities and Exchange Commission considered implementing in 2006, known formally as the Executive Compensation and Related Party Disclosure clause. It would have required companies to disclose the pay of up to three of the highest paid non-executive employees at a company, in addition to existing rules requiring firms to report the salaries of CEOs, CFOs and other high-ranking executive officers of public companies.
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