The SEC is seeking fresh public feedback on a long-stalled proposal for companies to report in proxy materials the relationship between their financial results and executive compensation.
The Securities and Exchange Commission reopened the public comment period on “pay-versus-performance” rules it proposed in 2015, the agency said Thursday.
The rules are intended to help shareholders make more informed votes on executive compensation and board directors. Companies pushed back against the 2015 proposal, saying it didn’t allow enough flexibility to adequately show the relationship between a company’s performance and its executives’ pay. The plan was then shelved during the Trump administration. ...
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