US securities watchdog plans to loosen rules for executive pay disclosure

The Securities and Exchange Commission is considering a proposal to relax current rules on executive pay disclosure, which would mean only CEOs and CFOs would need to reveal their pay packages. This move aims to streamline reporting requirements while still ensuring transparency for top executives. Critics argue that this could reduce accountability and obscure the financial realities of broader executive compensation, raising concerns about equity and corporate governance. The potential changes underscore ongoing debates about the balance between regulatory oversight and business flexibility.