The U.S. Securities and Exchange Commission will hold a roundtable next month to discuss executive compensation disclosure rules, which Chair Paul Atkins said have grown “increasingly complex and lengthy.”
Industry groups heavily criticized the agency under the prior administration for eschewing informal industry input before launching ambitious rulemakings. Roundtables and other listening sessions are back in favor under President Donald Trump, with the SEC already having hosted several related to digital assets.
“It is important for the Commission to engage in retrospective reviews of its rules to ensure that they continue to be cost-effective and result in disclosure of material information without an overload of immaterial information,” Atkins said said in the statement.
In line with Trump’s promises of looser regulation, the SEC plans to ask staff and the public to consider issues such as the level of detail related to executive compensation that’s material to investors and which rules are the toughest to comply with, according to the Atkins statement.
Regulatory roundtables are primarily a consultive process. But they do provide a chance for regulators, industry representatives and other stakeholders to give feedback on compliance, costs, benefits and other effects.
That, in turn, can often inform future rules or agency guidance.
