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No More Lenience on Pay Disclosure: SEC

The regulator pledges to finally get tough on the enforcement of its three-year-old compensation-disclosure rules.

November 11, 2009

After three years of reviewing companies' pay disclosures, the Securities and Exchange Commission appears to be running out of patience.

Since late 2006, when the SEC revamped its guidelines for disclosing information on the compensation of top executives, the regulator has been sending out comment letters to companies whose disclosures they consider insufficient. These companies have been asked to do a better job next time or to provide additional information in a response letter. Read more...

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