SEC Wants Compensation Details From Companies

Law360, New York (October 10, 2007, 12:00 AM EDT) -- Publicly traded companies should be more clear about how and why they make decisions about executive compensation, a recent U.S. Securities and Exchange Commission report said.

In a report released on Wednesday, the SEC discussed the results of a review of the executive compensation disclosure policies of 350 publicly traded companies. The report revealed that “companies should provide more focused disclosure” regarding executive compensation decisions.

The commission also said that companies should make an effort to provide the information about compensation in a direct, specific and...
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