The Securities and Exchange Commission has been happy to put off rulemaking on new compensation disclosures required by the Dodd-Frank Act, partly because Congress didn't include deadlines in the law. But according to the SEC, new rules aren't far off.
Despite wiggle room in the Dodd-Frank Act that allows the agency more time to adopt the rules, the SEC said in a recent report that it will soon issue proposals on the requirements. “While the Dodd-Frank Act did not mandate a deadline for their adoption, the Commission will also consider additional executive compensation requirements.” The statement was made in its ...