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flag The SEC proposes easing executive pay rules, sparking debate over accountability.

flag The SEC, led by Chair Paul Atkins, is proposing to reduce the number of top executives subject to detailed pay disclosures, simplify performance-based pay measurements, and reclassify some personal security costs as necessities. flag The agency also suggests revising rules on family transactions, using a practical standard like sharing a Thanksgiving meal. flag These changes aim to ease compliance burdens on companies, reflecting a broader shift toward reducing regulatory oversight, though Democrats warn such moves could undermine accountability and transparency in executive compensation.

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