Agencies invite comment on proposed rule to prohibit incentive-based pay that encourages inappropriate risk-taking in financial institutions
Posted: Sun May 15, 2016 6:00 pm
Federal Deposit Insurance Corporation
Federal Housing Finance Agency
Federal Reserve Board of Governors
National Credit Union Administration
Office of the Comptroller of the Currency
Securities and Exchange Commission
For release at 2:00 p.m. EDT
May 16, 2016
Agencies Invite Comment on Proposed Rule to Prohibit Incentive-Based Pay that Encourages Inappropriate Risk-Taking in Financial Institutions
Six federal agencies are inviting public comment on a proposed rule to prohibit incentive-based compensation arrangements that encourage inappropriate risks at covered financial institutions. The deadline for comments on the proposed rule, which was submitted for publication in the Federal Register, is ... (read more)