New proposed regulations under Section 162(m) of the Internal Revenue Code would further limit deductibility of executive compensation paid by a publicly held corporation....more
Following previous failed attempts to expand the fiduciary liability of financial services providers, the DOL released a new rule that broadens the definition of “fiduciary” under ERISA. The new rule is expected to face...more
5/3/2024
/ 401k ,
Benefit Plan Sponsors ,
Compliance ,
Conflicts of Interest ,
Department of Labor (DOL) ,
Duty of Care ,
Duty of Loyalty ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary ,
Individual Retirement Account (IRA) ,
Investment ,
Investment Adviser ,
Investment Management ,
Liability ,
New Regulations ,
Securities and Exchange Commission (SEC)
Can a new Department of Justice enforcement approach make clawback policies covering criminal activities a best practice?
The DOJ is implementing a new policy under which prosecutors will make clawback policies for...more
3/8/2023
/ Clawbacks ,
Compensation ,
Corporate Misconduct ,
Department of Justice (DOJ) ,
Dodd-Frank ,
Enforcement ,
Incentives ,
Risk Management ,
Sarbanes-Oxley ,
Securities and Exchange Commission (SEC) ,
White Collar Crimes
State law is critical to understanding the grandfather rule.
Tax Cuts and Jobs Act altered rules on deductibility of certain exec comp payments....more
Financial regulators have proposed new rules limiting the incentive pay of employees and other service providers at financial institutions.
The Dodd-Frank Act of 2010 prohibits incentive compensation that encourages...more
5/20/2016
/ Banks ,
Broker-Dealer ,
Clawbacks ,
Credit Unions ,
Dodd-Frank ,
FDIC ,
FHFA ,
Financial Institutions ,
Incentive Compensation ,
OCC ,
Securities and Exchange Commission (SEC)
The Securities and Exchange Commission (SEC) has adopted final rules under the Dodd-Frank Wall Street and Consumer Protection Act (the Dodd-Frank Act) to require U.S. public companies to disclose the ratio of the annual total...more
On April 29, 2015, the Securities and Exchange Commission (SEC) proposed a new rule under the Dodd-Frank Wall Street Reform and Consumer Protection Act that would require public companies to disclose the relationship between...more