Exact(3)
The compensation restriction also seemed to be an issue.
Unfortunately, a similar incentive compensation restriction was relied upon by the SEC in its recently adopted disclosure requirements.
Will Securities and Exchange Commission-regulated firms fare any better in their interpretation of, and compliance with, this compensation restriction?
Similar(57)
But imposing restrictive content and financial compensation restrictions on adherence programs does nothing to improve privacy and punishes patients, particularly seniors and those with chronic illness and many others who benefit from timely medication reminders.
Investor advocates and shareholders had a mixed reaction to the S.E.C. proposed compensation restrictions.
To make sure that this measure doesn't choke off economic recovery, a workable plan would impose compensation restrictions only after the economy improves and banks are recapitalized.
"Those family-owned banks are not going to want to subject themselves to compensation restrictions imposed by TARP, because it is their own personal money that is the capital of the bank".
And until the Treasury is paid back the $43 billion it injected and converted into common stock as part of the Troubled Asset Relief Program, the company is subject to executive compensation restrictions.
In December, the bank was allowed to repay $20 billion of bailout funds and ended the federal insurance program, allowing its top executives to escape the harsher set of compensation restrictions imposed on banks that received multiple helpings of taxpayer aid.
Mr. Ravoet said bankers are concerned that compensation restrictions will drive the best people offshore to places like Singapore, Switzerland or Dubai, which don't have similar rules because they are not part of the G20.
As the banking industry buzzes about how to get around President Obama's compensation restrictions for firms leaning on taxpayer support, Britain's decision to take an active ownership role in R.B.S., which recently accepted a £20 billion ($29 billion) capital injection, leaves the bank with little room to focus on anything but clawing its way back to profitability.
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