There soon may be a new metric for measuring executives’ compensation: how their pay compares to their employees’. The Securities and Exchange Commission is developing standards that would force companies to disclose not just how much executives earn, but how much their average worker makes.

Tagged with: compensation disclosure legislation SEC

New legislation introduced by U.S. Sen. Charles E. Schumer would require banks to create concise, easy-to-read checking fee disclosure statements on all checking account applications. The requirement would be similar to the ‘Schumer Box’ disclosure statement ...

Tagged with: disclosure fees Sen. Charles Schumer

The Federal Judicial Center recently issued the results of an extensive survey of federal judges and defense attorneys regarding the need for amending discovery provisions in Rule 16 of the Federal Rules of Criminal Procedure.

Tagged with: disclosure survey

A Task Force on Federal Lobbying Laws is recommending changes to federal lobbying laws that would broaden disclosure required by those involved in lobbying campaigns, address fundraising participation by lobbyists and strengthen ...

Tagged with: ABA disclosure task force

WASHINGTON, D.C. — Industry regulators have fined Goldman Sachs $650,000 for failing to disclose that two of its brokers, including the executive accused of leading the mortgage securities deal that brought civil fraud charges against the firm, were under investigation by the government.

Tagged with: disclosure FINRA Goldman Sachs SEC

U.S. District Court, Western District of New York Election Law Free Speech — Disclosure National Organization for Marriage Inc. v. Walsh 10-CV-751 Judge Arcara Background: According to the plaintiff’s amended complaint, it is a tax-exempt 501(c)(4) organization founded in 2007 ...

Tagged with: disclosure election law free speech U.S. District Court Western District of New York

U.S. Bankruptcy Court, Western District of New York Chapter 7 Personal Injury Suits — Disclosure In Re Walter M. Seres 08-12185 Judge Bucki Background: In a Chapter 7 case, the court considers the reasonableness of a personal injury settlement and ...

Tagged with: Chapter 7 disclosure U.S. Bankruptcy Court Western District of New York

WASHINGTON, D.C. — Donors to nonprofit groups that are spending millions on political ads this election have escaped public scrutiny because their donations don’t have to be disclosed. But can they escape a hefty a tax bite?

Tagged with: disclosure donations election IRS Taxes