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Exec comp romp

Not sure what to make of this. The Pennsylvania Securities Commission has climbed on the executive compensation bandwagon, officially, with other securities’ regulators. Two weeks ago, the state commission approved a resolution (curiously announced only yesterday) that "encourages issuers engaged in public offerings to enhance disclosure of executive compensation." Unfortunately the resolution itself is not findable on the commission's website. The director of the commission's division of corporation finance, John Quinn, noted in the press release that "executive compensation issues are big news" and the commission decided to act after the commission's professional group, the North American Securities Administrators Association, adopted its own resolution on the subject in early October.

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This page contains a single entry from the blog posted on November 9, 2007 12:12 AM.

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