Wall Street reform gives regulators power over executive pay

For the all the changes to the regulatory fabric contained in the landmark Dodd-Frank law, none might be more significant to the financial sector’s health than Section 956(a). That largely overlooked provision of the law gives federal agencies expanded powers to write regulations dictating pay at financial firms. How they choose to use these powers could have a major impact on whether banks pursue excessive risks.

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3d rendering of a row of luxury townhouses along a street

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