The Securities and Exchange Commission will be voting in a few months on a list of proposals designed to curb excessive pay by corporations to CEO's. This was prompted by the former head of the New York Stock Exchange receiving more than $100million in a retirement package. The Commission believes that this will allow shareholders to see more specifically how their executives are compensated. Some of the recommendations including disclosing how much in stock offering the company is offering, any specific compensation items above $10,000 and also retirement packages.
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