SEC turns scrutiny to stock option backdating
SEC turns scrutiny to stock option backdating: "Securities and Exchange Commission Chairman Christopher Cox said Tuesday that possible stock option backdating is 'a matter of ongoing interest to our enforcement division.'
He said the SEC is also looking at option issues as it considers public comments on a proposed rule that would require better disclosure of executive compensation. 'The manner in which this is reported is one means of tightening up the way in which companies issue this form of compensation,' Cox said after testifying to the Senate Banking committee on financial literacy." [USAToday]
He said the SEC is also looking at option issues as it considers public comments on a proposed rule that would require better disclosure of executive compensation. 'The manner in which this is reported is one means of tightening up the way in which companies issue this form of compensation,' Cox said after testifying to the Senate Banking committee on financial literacy." [USAToday]
<< Home