×

New rules for Wall St. pay: Good or bad?

2:40 PM ET Thu, 21 April 2016

A proposed rule aims to reduce excessive risk taking, mandating 60 percent of incentive pay for senior execs at firms over $250 billion be paid out after four years, and incentive pay for execs at firms with more than $50 billion in assets can be clawed back, reports CNBC’s Mary Thompson. Ariel Fishman, Fordham University, and Thaya Knight, Cato Institute, discuss.