Title

Incentive Compensation for Financial Institutions: Reproposal
Client Memorandum

Created date

5/2/2016

Following is the Davis Polk visual memorandum reporting on the proposed rule jointly issued by four of the six Agencies implementing Dodd-Frank Act Section 956 regarding incentive compensation paid by covered financial institutions. An earlier version of the rule was proposed in 2011. This visual memorandum has been prepared before the Federal Reserve and the SEC have released their versions of the proposed rule. It may be updated to reflect information from those Agencies.