"[B]eing labeled a 'significant risk-taker' in the new proposed rules under Dodd-Frank Act Section 956 just means you are subject to a mandatory compensation 'deferral' period during which up to 50% of your incentive-based compensation is subject to forfeiture or 'downward adjustment' (and after that, the compensation is subject to a clawback!). The definition of 'significant risk-taker' in the proposed rule is 20 pages long. It is intended to include 'covered persons' ... who are not 'senior executive officers' ... but are in the position to put a Level 1 or Level 2 covered institution at risk of material financial loss."  MORE >>