Updated Wednesday, April 16, 2014 as of 3:02 PM ET
SEC's Schapiro Worried about Unintended Consequences of Limiting Wall Street Bonuses
Wednesday, March 2, 2011

Despite controversy over a proposal to reign in the bonuses of Wall Street executives, the Securities and Exchange Commission voted 3-2 to issue for comment a plan to reduce incentives and prohibit institutions from maintaining compensation arrangements that encourage “inappropriate risks.”

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