The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank) includes a mandate that the Securities and Exchange Commission (SEC or Commission) issue a regulation requiring corporations to calculate the ratio between their CEO’s compensation and that of their median worker. As the agency puts the finishing touches on this regulation, it has become apparent that this exercise will be significantly more costly than either Congress or the SEC are willing to admit, with no discernible benefits for investors, businesses, or the broader economy. This is reason enough to modify the regulation to reduce compliance costs, if not rescind the proposed rule altogether.