Tuesday, July 20, 2010
Dodd-Frank Wall Street Reform and Consumer Protection Act: Executive Compensation
Michael V. Seitzinger
Legislative Attorney
As part of their financial regulatory reform legislation, both the House and the Senate passed bills with provisions applying to executive compensation. The House- and Senate-passed executive compensation provisions differed, in some cases significantly.
The House and Senate conferees on Wall Street reform passed an executive compensation subtitle. On June 30, 2010, the House agreed to the conference report for H.R. 4173, now referred to as the Dodd-Frank Wall Street Reform and Consumer Protection Act. The bill has been referred to the Senate. Among the provisions of the bill are say-on-pay requirements, the establishing of independent compensation committees, the clawback of unwarranted excessive compensation, and requirements on the executive compensation at financial institutions.
Date of Report: July 12, 2010
Number of Pages: 5
Order Number: R41319
Price: $19.95
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