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Proposed Incentive-based Compensation Rule
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NCUA's Proposed Incentive-based Compensation Rule
This episode, hosted by Samantha Shares, provides a detailed summary of the NCUA's proposed incentive-based compensation rule, which implements Section 956 of the Dodd-Frank Act. This regulation is designed to address flawed compensation practices contributing to the 2008 financial crisis, covering financial institutions with $1 billion or more in assets.
Introduction
Overview of the Proposed Rule
Scope of the Regulation
Tiered Structure and Definitions
Requirements for Covered Institutions
Additional Requirements for Level 1 and Level 2 Institutions
Regulatory Flexibility and International Context
Public Comments and Enforcement Provisions
Conclusion and Contact Information
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