PCAOB Proposes 20% Cut to Board Pay Amid SEC Scrutiny
NegativeFinancial Markets

The PCAOB has proposed a significant 20% cut to board pay, a move that comes amid ongoing scrutiny from the SEC, particularly from Chair Paul Atkins, who has criticized board salaries for years. This proposal highlights the tension between regulatory bodies and the compensation practices within audit organizations, raising questions about governance and accountability in the financial sector.
— Curated by the World Pulse Now AI Editorial System