Fed proposes rule tying executive compensation to risk

Compensation Rules for Financial Institutions April 27, 2016 . Financial Institutions & Executive Compensation . Introduction . In late april 2016, federal financial regulators began the process of re-proposing rules (the "Proposal") to implement restrictions on incentive-based compensation required by Section 956

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The proposed rule does not change the application of other compensation requirements found elsewhere in federal law, including the banking regulators’ safety and soundness standards, the OCC’s heightened standards or SEC rules regarding disclosure of executive compensation.

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Loan officer compensation ruling delayed.. The latest rule that will meet industry and trade group headwind is the risk retention rule and its exemption the qualified residential mortgage.

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"It could affect the liquidity of the markets generally" as banks reduce their exposures to comply with the rule. The institutions don’t break out that exposure publicly. Implementing the Dodd-Frank.

In short, the proposed rule responds to a legislative concern that executive compensation at financial institutions has sometimes been misaligned with long-term performance and risk management. Critics raise questions as to whether the proposed rule achieves or undermines the intended policy goals.

Leverage: For Level 1 and Level 2 covered institutions, the maximum earned incentive for senior executive officers is limited to 125% of the target amount for that incentive-based compensation and for significant risk-takers is limited to 150% of target. The proposed rule does not limit the absolute size of potential targets.

The Department of Labor has proposed a new overtime rule that. an Obama- era rule that would have doubled the maximum salary for. a proposed rule the agency sent to the Office of the Federal Register for public review.. include workers earning up to $47,000, tying future changes to the cost of living.

ABA Staff analysis: interagency proposal on Appraisals for Higher-Risk Mortgages (September 2012) ABA Staff Analysis: Proposed Rule on Appraisal Reforms (September 2012) aba staff analysis: proposal on HOEPA and Amendments to TILA/RESPA (August 2012) ABA Staff Analysis: Compliance Advisory: TILA-Mortgage Loan Originator Compensation Rule (12/6/11)

SEC Proposes Pay Ratio Disclosure Rules. On Wednesday, September 18, 2013, the Securities and Exchange Commission (the “SEC”) voted 3-2 to propose a new rule that would require public companies to disclose the ratio of the compensation of its chief executive officer (“CEO”) to the median compensation of its employees.