Wall Street Bonus Rules Q&A: Which Firms, Employees Are Covered?

U.S. regulators unveiled long-delayed rules Thursday that are aimed at discouraging inappropriate risk-taking by senior executives and key employees at major financial services firms. The proposals would require companies to withhold significant portions of pay, making it easier to take back awards -- even those already vested -- if an employee takes inappropriate risks or draws an enforcement action.

Here’s how regulators are defining the companies and people affected: