Today, most companies provide investors an explanation of the link between executive compensation and corporate performance. Naturally, this disclosure is tailored to each company’s unique circumstance. The Dodd-Frank Act requires the SEC to adopt rules that formalizes this disclosure. Unfortunately, the SEC missed an opportunity to propose a flexible rule that would leverage and build upon current disclosure practices. Instead, the SEC proposed a prescriptive, one-size-fits-all approach that would add to investor information overload through an increasing flood of immaterial information
Business Roundtable believes the approach used in the trade debates – collaboration across the political aisle, with economic growth the overriding goal – can serve as an effective model for even more legislative successes this year and next.
I am writing on behalf of the Business Roundtable in response to the Equal Employment Opportunity Commission (EEOC) proposed rule on the Application of the Americans with Disabilities Act (ADA) to Employer Wellness Programs.
To confront cybersecurity threats, Business Roundtable has long supported passage of cybersecurity information sharing legislation as a key fundamental to advancing legally- and privacy-protected cybersecurity information sharing.
International Engagement Committee Chair and Cummins Inc. Chairman and CEO Thomas Linebarger Urges the House of Representatives to support and vote for the bipartisan
Trade Adjustment Assistance (TAA) legislation.
Business Roundtable Members urge members of the House to vote for the Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA-2015) as passed by the Senate
BRT believes that the “conflicting proposal” exclusion under the proxy rules and the SEC Staff’s longstanding interpretation of it remain appropriate in light of the purpose of the rule, the role of the board in corporate governance and the current proxy system.
Business Roundtable strongly supports this bill, which will help secure solid results in ongoing U.S. trade negotiations. We hope it will be passed by the Senate before the Memorial Day recess.
We strongly believe that the impact of this tax will have broader implications than first anticipated by the Joint Tax Committee (JTC) and have been provided information that as many as 25 percent of employers’ plans may be subject to the tax.
Recognizing the importance of the SEC’s proposed rules for implementing the hedging disclosure provision in Dodd-Frank, Business Roundtable puts forth key necessary revisions to strengthen the final rules by, in part, ensuring that investors are not inundated with immaterial information.
Responding to a request from the Senate Homeland Security and Governmental Affairs Committee, Business Roundtable identifies regulations that have an impact on U.S. business and expresses concerns about the federal regulatory process.
As the SEC begins its Disclosure Effectiveness Initiative, Business Roundtable issues recommendations to help keep focus on the critical issues, such as maintaining materiality a the guiding principle for corporate disclosure, coordinating with other policy-makers and eliminating duplicative and outdated information.