The Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), the Federal Housing Finance Agency (FHFA) and the National Credit Union Administration (NCUA) ...

The proposal seeks to make executive compensation arrangements more sensitive to risk and would require complex risk management programs to ensure compliance. The Proposed Rule seeks to curtail ...

Under the proposed rule, all new incentive-based compensation arrangements will need to be written into policies and procedures and approved by a firm’s board of directors. Comments on the proposal ...

"Poorly designed financial institution compensation programs can provide incentives for short-term risk taking that can jeopardize the safety and soundness of the institution," said FDIC Chair Martin ...

WASHINGTON, April 27-- Sen. Chris Van Hollen, D-Maryland, issued the following news release and letter on April 26, 2023: U.S. Senator Chris Van Hollen (D-Md.) and Congresswoman Nydia M. Velazquez ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...