SEC Signals Move To Scale Back Executive Pay Disclosure Rules

The U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins said the agency is considering changes to rules that require public companies to disclose pay information for senior executives. He said the SEC should reconsider how many executives are subject to compensation reporting.

The remarks follow a regulatory agenda issued in September outlining plans to revise corporate disclosure rules. Atkins said potential reforms could include simplifying measures that compare executive pay with performance and revising how certain personal security costs are classified. He also suggested narrowing the scope of reporting requirements for transactions involving executives’ family members.

Since taking office in April, Atkins has outlined plans affecting public company regulation and digital assets. Debate over executive pay disclosure has continued, with differing views on investor transparency and corporate compliance obligations.