Friday, March 24, 2006

How much is too much?

Pay for top executives that is.

Well the SEC isn't asking that question, but they do want companies to provide:

"investors with a clearer and more complete picture of the compensation earned by a company's principal executive officer, principal financial officer and highest paid executive officers and members of its board of directors."


"better information about key financial relationships among companies and their executive officers, directors, significant shareholders and their respective immediate family members."

Or at least that's what the summary for the SEC's proposed rule on Executive Compensation and Related Party Disclosure says. The comment period for the proposed rule ends April 10, 2006. Comments already received are available here and you can submit your own comments here.

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