To repeal the enhanced compensation structure reporting requirement of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the requirement for regulations requiring each covered financial institution to disclose the structures of all incentive-based compensation arrangements it offers.

[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5998 Introduced in House (IH)]

111th CONGRESS
  2d Session
                                H. R. 5998

To repeal the enhanced compensation structure reporting requirement of 
     the Dodd-Frank Wall Street Reform and Consumer Protection Act.


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                    IN THE HOUSE OF REPRESENTATIVES

                             July 30, 2010

Mr. Hensarling introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
To repeal the enhanced compensation structure reporting requirement of 
     the Dodd-Frank Wall Street Reform and Consumer Protection Act.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. REPEAL OF REQUIREMENT.

    (a) Repeal.--Section 956 of the Dodd-Frank Wall Street Reform and 
Consumer Protection Act is hereby repealed.
    (b) Technical Amendment.--The table of contents for such Act is 
amended by striking the item relating to section 956.
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