Will the U.S. Delay Your Bonus Several Years? Here's How to Tell
- Proposal sets deferrals, clawbacks for significant risk-takers
- Figuring out who qualifies involves this series of tests
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Am I significant risk-taker?
That’s the question echoing across Wall Street after U.S. regulators released a proposal Thursday to delay bonus payments to key personnel at major financial firms. The term was assigned to employees at companies including banks, brokerages and asset managers who -- in addition to a more specific list of senior executives -- would face restrictions on taking home compensation.