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Federal Reserve Board Proposes Guidance on Incentive Compensation
by Mark A. Holdsworth
Cadwalader, Wickersham & Taft LLP - New York Office
Julius L. Loeser
Cadwalader, Wickersham & Taft LLP - New York Office
Steven David Lofchie
Cadwalader, Wickersham & Taft LLP - New York Office
Bryan T. Shipp
Cadwalader, Wickersham & Taft LLP - New York Office
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November 25, 2009
Previously published on November 17, 2009
On October 22, 2009 the Board of Governors of the Federal Reserve System (“Board”) released proposed Guidance on Sound Incentive Compensation Policies (the “Compensation Guidance”) applicable to certain banking organizations as described below.
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