SEC plans to amend employee compensation disclosure rules

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[US Securities and Exchange Commission] The U.S. Securities and Exchange Commission is proposing [https://seekingalpha.com/pr/20726858-sec-proposes-executive-and-director-compensation-disclosure-reforms] amendments to its employee compensation disclosure rules. The regulator has proposed reducing the number of named executive officers to encompass the principal executive officer and principal financial officer, the positions whose compensation are generally most material for investors due to their roles in managing the company's most consequential matters. The revision brings down the number from typically five or more individuals under the current rule to two in most circumstances.