March 8, 2011
SEC’s Proposal: Incentive-Based Compensation for Large Broker-Dealers and Investment Advisors
– Broc Romanek, CompensationStandards.com
Last week, the SEC proposed rule regarding incentive compensation for large brokers and investment advisors. Here’s the SEC’s press release – and here’s the proposing release in draft form (since other regulators need to sign off on this, the SEC posted it in draft form, which I believe is a “first”). Here’s Mike Melbinger’s blog on the proposal and we are posting memos in our “Bonus” Practice Area.