The SEC will review executive compensation disclosure rules, aiming to reduce redundant information.

On May 16th, the US Securities and Exchange Commission announced that it will hold a roundtable meeting on June 26th to discuss executive compensation disclosure requirements with representatives from listed companies, investors, and experts in the field. The statement said that the executive compensation disclosure requirements have been expanding, focusing more on changes in the various components of compensation rather than the total amount of compensation, and that it is unclear whether the increasing complexity provides investors with essential additional information for investment and voting decisions. The SEC stated that a retrospective review of the executive compensation disclosure rules is necessary to ensure that these rules continue to be cost-effective and to avoid the disclosure of excessive non-material information while providing key information.