Bankowość · 14/04/2011

Proposed Dodd-Frank Rule Aims to Regulate Incentive-Based Compensation in Financial Institutions

The OCC, Board, FDIC, OTS, NCUA, SEC, and FHFA are proposing new rules to implement section 956 of the Dodd-Frank Act, which would require financial institutions to report incentive-based compensation arrangements and prohibit excessive compensation that could lead to financial losses.