Incentive Compensation at Financial Institutions Subject to Yet Another Set of Proposed Rules
Section 956 of the Dodd-Frank Act was initially addressed in 2011 in a set of proposed, but never finalized, rules.
This client alert covers a replacement proposal of rules regulating the use of incentive-based compensation arrangements (ICAs) for certain financial institutions and outlines those points that are a continuation of the 2011 proposal, as well as the key changes.