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Aug 31, 2006

Executive compensation: opening the kimono

The impact of the SEC's new sweeping rules for executive compensation disclosure

The sweeping changes to the rules on executive compensation disclosure adopted by the SEC on July 26 have stirred up a spirited response – so much so that the consultation period generated more response letters than any other proposal in the commission’s history. In addition to providing greater detail on executives’ pay and perks, companies also face new rules on the disclosure of stock option grants – no surprise considering the ongoing backdating scandal. Other aspects

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