Two Senate leaders on Wednesday called on Congress and the SEC to crack down on executives who manipulated their stock options grants. Sens. Richard Shelby, R-Ala., and Charles Grassley, R-Iowa, said the recent options backdating scandal obligates lawmakers to ensure that the SEC’s investigative budget remains sufficient to ferret out instances of options rigging schemes and gives Congress incentive to rework tax laws favoring stock-based compensation for executives over cash salaries.
Popularity: 2% [?]
Posted on Friday, September 8th, 2006. Filed under: In-House Counsel, Law Misc
You can
leave a response, or
trackback from your own site.
Two Senate leaders on Wednesday called on Congress and the SEC to crack down on executives who manipulated their stock options grants. Sens. Richard Shelby, R-Ala., and Charles Grassley, R-Iowa, said the recent options backdating scandal obligates lawmakers to ensure that the SEC’s investigative budget remains sufficient to ferret out instances of options rigging schemes and gives Congress incentive to rework tax laws favoring stock-based compensation for executives over cash salaries.
Popularity: 1% [?]
Posted on Friday, September 8th, 2006. Filed under: Employment, Law Misc
You can
leave a response, or
trackback from your own site.
Two Senate leaders on Wednesday called on Congress and the SEC to crack down on executives who manipulated their stock options grants. Sens. Richard Shelby, R-Ala., and Charles Grassley, R-Iowa, said the recent options backdating scandal obligates lawmakers to ensure that the SEC’s investigative budget remains sufficient to ferret out instances of options rigging schemes and gives Congress incentive to rework tax laws favoring stock-based compensation for executives over cash salaries.
Popularity: 1% [?]
Posted on Friday, September 8th, 2006. Filed under: Business Law, Law Misc
You can
leave a response, or
trackback from your own site.