US regulators mulling bid to limit bonuses for Wall Street execs, WSJ reports (Reuters) -U.S. banking regulators are planning to revive a proposal that would require big banks to defer executive compensation and claw back more of their bonuses if losses pile up, the Wall Street Journal reported on Friday. Six agencies, including the Federal Deposit Insurance Corp (FDIC) and the Office of the Comptroller of the Currency (OCC), are involved in developing the plan, the report said, adding that the measure could be proposed in the coming days. The Federal Reserve is not involved in drafting the proposal, the report said. Executive pay on Wall Street has long been a hot-button issue, with critics pushing for restrictions and arguing for more stringent clawback provisions. The FDIC, the OCC and the Fed declined to comment on the report, when contacted by Reuters. (Reporting by Niket Nishant in Bengaluru; Editing by Devika Syamnath) « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Rally Hits Crucial Juncture: $2,075 Level in Sight for a Major Breakout READ MORE Economic Confidence at Odds: Strong Indicators vs. American Pessimism READ MORE Gold Retreats to Weekly Low amid Strong Job Data and Powell's Comments READ MORE As Borrowing Costs Soar, Equity Becomes the New Frontier for Corporate Finance READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment