SEC Urges Cos. To Evaluate Exec Compensation

Law360, New York (October 22, 2008, 12:00 AM EDT) -- Amid market turmoil, companies should re-examine executive compensation disclosures, even those institutions that aren't mandated to do so because they're cashing in on the bailout, a U.S. Securities and Exchange Commission director said Tuesday.

The SEC's John White, director of the division of corporation finance, addressed the “changing landscape” of executive compensation disclosure at a Louisiana "proxy disclosure" conference earlier this week.

The U.S. government has established new executive compensation disclosure standards for companies agreeing to sell assets to the U.S. through the recently established Troubled...
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