The Securities and Exchange Commission is promising to adopt more rules around executive compensation in 2012, despite some wiggle room in the Dodd-Frank Act that allows the agency more time.

According to a recent statement from the Securities and Exchange Commission in its fiscal year 2011 performance report, the agency intends to complete additional rules regarding executive pay.

“While the Dodd-Frank Act did not mandate a deadline for their adoption, the Commission will also consider additional executive compensation requirements,” it said in the Nov. 15 report.

The additional executive compensation requirements referred to in the statement will include rules mandating new listing standards in relation to compensation clawback policies and new disclosure requirements for executive pay ratios, employee and director hedging, and their relationship between executive compensation and company performance.

Meanwhile, the Commission also said it plans to conclude the majority of rulemaking required by the Act and subject to deadlines set by Congress in 2012.