Bonus (Rules) Watch ’16: You Can’t Spend It All In One Place

If regulators have anything to say about it.
Publish date:

At least, unless you are extremely patient. Because pretty soon, you won’t be able to have it all in one place from something between three and 10 years, and only then if you’re good.

U.S. regulators are set to release a long-awaited update of proposed crisis-era Wall Street compensation rules at a public meeting April 21, according to a government notice posted Thursday….

The new version is expected to require banks to hold back much of an executive’s bonus beyond the three years already adopted by many firms, according to people familiar with the matter.

Proposal to Rein In Wall Street Bonuses Coming April 21 [WSJ]