The Securities and Exchange Commission introduced an online tool that allows investors to compare executive pay at 500 of the largest American companies.

The Executive Compensation Reader, available at www.sec.gov/xbrl, takes advantage of the Extensible Business Reporting Language that the SEC has been pushing companies to file their statements in to make them more easily comparable. It also builds on the SEC’s new requirements that call for clearer and more complete disclosure of executive compensation.

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