U.S. Regulators Revive Work on Incentive-Pay Rules

    

U.S. financial regulators are focusing renewed attention on Wall Street pay and are designing rules to curb compensation packages that could encourage excessive risk taking.

Regulators are considering requiring certain employees within Wall Street firms hand back bonuses for egregious blunders or fraud as part of incentive compensation rules the 2010 Dodd-Frank law mandated be written, according to people familiar with the negotiations. Including such a “clawback” provision in the rules would go beyond what regulators first proposed in 2011 but never finalized.

Read More: http://www.marketwatch.com/story/us-regulators-revive-work-on-incentive-pay-rules-2015-02-16-231032215

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