December 16, 2009
SEC Adopts New Executive Compensation Rules – and Posts Adopting Release!
– Broc Romanek, CompensationStandards.com
Not only did the SEC adopt new proxy enhancement rules today at its open Commission meeting, it actually just posted the adopting release (a same-day practice that the PCAOB often follows). The reason for the hurry is simple – these new rules apply to the coming proxy season as they are effective February 28th. Here is the SEC’s press release – and the SEC Chair’s opening statement. More to come…
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