SEC Asks Firms For More Details On Executive Pay
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The Securities and Exchange Commission sent about 300 letters to companies requesting more details on executive pay, reviving a debate about how corporate salaries are disclosed to investors.
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Figuring out how much executives get paid can be like predicting the weather -- an inexact science.
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Microsoft details the compensation paid to its top executives.
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The chairman of the U.S. Securities and Exchange Commission said on Tuesday that there is opportunity to give mutual fund investors clearer information so that they know how much they are really paying in marketing, advertising and distribution fees.
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U.S. executives are reaping another year of abundant pay, and the rich rewards are likely to stir demands for greater disclosure on how and why heads of companies are compensated.
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Increased oversight of chief executive compensation has placed a lid on big salary jumps for CEOs in very large U.S. organizations, according to a survey.
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New SEC regulations are putting more scrutiny on corporate compensation committees and the consultants they use.
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Ford, as well as G.M. and Delphi, also said today they had been asked to provide the S.E.C. with information regarding practices related to pension and healthcare expenses.
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Charles E. Grassley has asked NASD, the largest securities industry regulator, to describe how it identifies and tracks possible insider trading among its members.
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A new study of CEO pay and compensation shows that the gap between bosses and workers is widening.
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The S.E.C. has sent 300 letters to companies asking for details on executive salaries, hoping to help shareholders compare pay practices at publicly traded companies.
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General Motors Corp. and Ford Motor Co. said Tuesday the Securities and Exchange Commission has asked them to provide information on their pension and retiree health care plans as part of an inquiry into how companies prepare estimates used to calculate pension costs.
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The Internal Revenue Service is taking another look at its pay system for managers after complaints by managers and a critical inspector general's report.
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American Funds and Edward Jones &amp; Co. are among the financial firms that regulators are requesting information from in a sweeping examination into sales and disclosure of 529 college-savings plans.
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Shareholders can expect a clearer picture of how much top executives are paid as new rules go into effect today, requiring companies to clearly explain their compensation practices.
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The motion for pay tied closer to performance was first brought up at the shareholder meeting in March.
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The congressional panel investigating Hewlett-Packard Co.'s internal probe of its boardroom spying has demanded that chief executive Mark Hurd explain $1.37 million worth of options he exercised just before the scandal became public, two congressmen said yesterday.