U.S. securities regulators proposed rules Wednesday that would require publicly listed companies to have independent compensation committees and make key disclosures about their use of compensation consultants. Get the full story »
Inside these posts: Dodd-Frank Act
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SEC votes on plan to police swaps, derivatives
The top U.S. securities regulator Wednesday took its first stab at policing the $615 trillion over-the-counter derivatives market with a plan to mitigate conflicts of interests at venues that will handle the swaps.
The Securities and Exchange Commission voted 5-0 to propose ownership limits on the swaps trading venues and clearinghouses, which will assume the risk if one party defaults. Get the full story »