The Advisors' Blog

– Broc Romanek, CompensationStandards.com

I’ve been following the Swiss saga pretty closely – but now that the people have spoken and passed new laws on Sunday, I’m still amazed and all I can say is “wow.” People here are worried about misreading what a SEC Commissioner recommended about a compensation risk disclosure? Buck up. That’s very small potatoes.

Here’s a slew of articles about the Switzerland development so you can read what happened for yourself:

– WSJ’s “Swiss Back Executive-Pay Controls”
– BBC’s “Will new rules on executive pay damage Swiss business?”
– NY Times’ “Swiss Voters Approve a Plan to Severely Limit Executive Compensation”
– The Telegraph’s “Switzerland backs curbs on executive pay”
– Reuter’s “Swiss pay curbs find support in Germany, France”
– Bloomberg’s “Swiss Limits on Executive Pay: Less Than Meets the Eye”
– Bloomberg’s “Swiss Pay Curbs Leave Government to Struggle With Details”
– SwissInfo.com’s “Fueled by public ire, alone against the world”
– Huffington Post’s “Swiss Voters Approve ‘Rip-Off Initiative,’ Putting Tough Limits On Executive Pay”
– Forbes’ “With Help From Novartis, Switzerland Moves On C-Suite Ripoffs“