SEC Considers Pay-Versus-Performance Disclosure Rule

    

During the open meeting on cross-border security-based swap rules regarding activity in the United States and Pay versus Performance, the SEC commission proposed two staff recommendations for rule proposals to implement two Dodd-Frank Act mandates. The pay-versus-performance proposal would have all public companies disclose the relationship between the compensation paid to executives and its relationship to both the total shareholder return of the company and that of its peer group.

Under the proposal, companies would be required to provide information in an interactive data format, XBRL, a requirement that would be phased-in for smaller reporting companies.

More here: http://www.sec.gov/news/statement/statement-at-open-meeting-april-29-2015.html

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