Wall Street regulatory agencies call for reducing the scope of executive compensation disclosure.

The highest regulatory agency on Wall Street stated on Tuesday that, according to the upcoming regulatory reform plan, top executives of companies will need to disclose their compensation to investors less frequently. These comments from Paul Atkins, the chairman of the U.S. Securities and Exchange Commission, foreshadow the upcoming proposal aimed at significantly reducing the burden faced by publicly traded companies in complying with regulatory requirements. This reflects the overall trend of power shifting from investors to companies.