The Advisors' Blog

This blog features wisdom from respected compensation consultants and lawyers

February 16, 2010

FINRA’s Board Reviews Allegations of Its Own Excessive Compensation – Including Mary Schapiro!

Broc Romanek, CompensationStandards.com

According to this article, FINRA’s Board of Governors will review allegations that senior executives – including SEC Chair and former FINRA head Mary Schapiro – received excessive compensation in 2008, despite the organization’s operating losses. FINRA is conducting the review in response to a lawsuit brought by Amerivet Securities.

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