Regulators Renew Push to Restrict Bonus Pay on Wall Street

Friday, 19 April 2024, 17:04

Regulators are restarting their efforts to restrict bonus pay in the financial industry in compliance with the 2010 Dodd-Frank law. The rules mandated by the law have not been implemented, raising concerns about excessive compensation practices on Wall Street. The renewed bid to curb bonus pay is aimed at promoting financial stability and reducing risk-taking behaviors in the sector.
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Regulators Renew Push to Restrict Bonus Pay on Wall Street

Regulators Restart Bid to Curb Bonus Pay on Wall Street

Incentive-compensation rules are required by the 2010 Dodd-Frank law but have yet to be put in place.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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