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Working Wall Street: Toward better bonuses

Working Wall Street: Toward better bonuses

by Rick Turoczy on September 3, 2004

The new corporate disclosure law, known as the Sarbanes-Oxley Act of 2002, is bringing compensation under greater public scrutiny, and on Wall Street that means all eyes are on bonuses, which tend to dwarf salaries. Among the requirements of Sarbanes Oxley, which went into effect on Aug. 23, it calls for public companies to publicly disclose hiring details (copies of employment agreements) for their top five executives, as well as for anyone who might have a “material impact” on the bottom line.

Working Wall Street: Toward better bonuses

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