SEC Chief Proposes Executive Pay Disclosure Reforms

The SECs Chair, Paul Atkins, is advocating for a reform in executive pay disclosure rules, aiming to reduce legal burdens on smaller businesses. He believes current rules are outdated and hinder smaller companies from raising money. Atkins also supports the cryptocurrency sector and shifts power back towards companies. However, critics worry that less regulation could weaken the agency and allow more risk and misconduct in the financial system. The debate between protecting investors and easing business burdens continues.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.