U.S. Chamber Commends SEC Executive Compensation Rulemaking

WASHINGTON, D.C. - Today, the U.S. Chamber of Commerce issued the following statement after the SEC released proposed amendments to its executive compensation disclosure rules, which would simplify executive compensation disclosure for public companies.

"Investors need to have material information about companies in order to make informed decisions. Unfortunately, SEC disclosure mandates have grown so complex that they often don't present a clear picture of executive compensation to investors," said Mike Flood, senior vice president of the Center for Capital Markets Competitiveness at the U.S. Chamber of Commerce. "Today's proposal is long overdue, and we commend the SEC for prioritizing critical reform in this area."

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