Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Frank announces House hearing on compensation
WASHINGTON (1/14/10)—House Financial Services Committee Chairman Rep. Barney Frank (D-Mass.) on Wednesday announced that the Committee will “discuss the issue of compensation practices for both financial and non-financial firms” at a Jan. 22 hearing. During the hearing, Frank said that “the question of compensation for people in the financial industry is a legitimate cause of concern in the country as a whole,” and he plans to look at the issue of compensation “in the broadest context.” Among the issues cited by Frank are the potential broadening of say on pay rules. Frank also said that he intends to explore the claims of many financial firms that they would lose key employees or simply move overseas if the tougher standards contained in recently passed legislation are imposed. The House passed a number of financial regulatory reforms before leaving for the recently completed winter recess, and the Senate plans to take up financial reforms after it returns to Washington early next week.


RSS





print
News Now LiveWire
Record # of applicants for Crash the GAC means every state & D.C. will B represented by young #CU professional at #CUNAGAC #crashthegac15
2 hours ago
.@WOCCU and @CUNA are co-hosting 2015 America’s CU Conference July 12-15 in Denver. Registration is open here: http://t.co/FanFeaO0bC
2 hours ago
Recording of @CUNA Jan. 26 #rbc2 webinar is now available online here: http://t.co/jgxkd65Fj0 Just sign in and listen.
3 hours ago
.@SEC_News 2/19 proxy voting roundtable: contested director elections, increasing retail shareholder participation http://t.co/8k0p6ZvNL8
3 hours ago
.@TheNCUA posted resources 2 help consumers protect themselves,take action if they believe they were ID theft victims:http://t.co/HVaikbuT9H
5 hours ago