Statutes, codes, and regulations
Code of Federal Regulations
Title 31 - MONEY AND FINANCE: TREASURYSubtitle A - OFFICE OF THE SECRETARY OF THE TREASURY
Part 30 - TARP STANDARDS FOR COMPENSATION AND CORPORATE GOVERNANCE
Section 30.6 - Q-6: How does a TARP recipient comply with the requirement under Section 30.4 (Q-4) of this part that the compensation committee discuss, evaluate, and review the employee compensation plans to ensure that these plans do not encourage the manipulation of reported earnings of the TARP recipient to enhance the compensation of any of the TARP recipient's employees?

31 C.F.R. § 30.6

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Current through November 30, 2024
Section 30.6 - Q-6: How does a TARP recipient comply with the requirement under Section 30.4 (Q-4) of this part that the compensation committee discuss, evaluate, and review the employee compensation plans to ensure that these plans do not encourage the manipulation of reported earnings of the TARP recipient to enhance the compensation of any of the TARP recipient's employees?

The compensation committee must discuss, evaluate, and review at least every six months the terms of each employee compensation plan and identify and eliminate the features in these plans that could encourage the manipulation of reported earnings of the TARP recipient to enhance the compensation of any employee.

31 C.F.R. § 30.6