Compensation still high on the agenda for lawmakers

US regulators continue to grapple with the best way to ensure fair incentive schemes for bankers

Issues surrounding whether executive compensation should be regulated, and how this should be done, remain a key consideration for US lawmakers. Last week the Treasury stated it would not legislate to cap pay, although there are limits imposed on bonus payments made in firms that are participating in the Troubled Assets Relief Program. The Securities and Exchange Commission has added its two cents by advocating a stringent disclosure-based route to oversight of financial compensation

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