CEO ‘pay’ definition remains unclear as SEC struggles to meet Dodd-Frank deadlines

Many Dodd-Frank related rules have yet to be proposed by the SEC – even though deadlines have passed.

The Dodd-Frank act is a far-reaching law that impacts many U.S. companies. It became effective on July 21, 2010, and part of it covers “Accountability and Executive Compensation.”

The Securities and Exchange Commission (SEC) was supposed to come up with rules applying the law to specific issues on the topic, but the SEC has been tardy. As of this year, the SEC has adopted final rules on two of the provisions, proposed rules on two others areas, and has yet to propose rules on three other provisions.

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Ed Silverstein

Ed Silverstein is a veteran writer and editor for magazines, websites and newspapers. A graduate of Harvard's Kennedy School of Government, he has won several...

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