The article reports that the U.S. Securities and Exchange Commission's (SEC) Chairman Christopher Cox announced recently that the agency will propose regulations to crack down on hidden executive pay as early as December 2005. The SEC is drafting rules that would require companies to put salary, bonus, stock and option awards, and all benefits into a single figure. Cox plans to have the regulations ready "shortly" after January 1, 2006. The SEC's current rule on compensation disclosure is 13 years old.
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