03/03/2021
https://www.msnbc.com...
"I do not think I would be satisfied actually with the disclosure requirement."
"In my view, it is important for regulators to require firms to separate the times that options and restricted shares can be cashed from the time in which such shares and options vest."
"Executives should not be able to use such transactions to undo the incentive consequences of the pay structure that was set for the executives."
"I think if the SEC engages in a careful cost-benefit analysis that limits the work the firms have to do, the rule could provide valuable information."