July 16, 2010
US Senate Passes the Dodd-Frank Act: What You Need to Do Now
– Broc Romanek, CompensationStandards.com
Yesterday, as noted in this NY Times article, the US Senate voted 60-39 passing the conference report version of the Dodd-Frank Act. Three Republicans voted for the legislation, which was supported by all but one of the Senate Democrats. In our “Dodd-Frank Act” Practice Area, we continue to post numerous memos on the executive pay provisions of the Act – including this condensed 605-page version of the Act itself (no easy feat given that it’s a 75% reduction – can’t help but think of George’s “shrinkage” episode from Seinfeld).
What to Do Now: Ahead of our package of two full-day Conferences on the executive pay provisions of the Act – coming up in just two months – we have just announced a special July 29th pre-conference webcast to help you start taking the actions you need to be taking now. Dave Lynn, Mark Borges and Mike Kesner headline this webcast: “The New Pay Legislation: Action Items.”
If you are not yet registered for the Conferences (either the package of the “5th Annual Proxy Disclosure & 7th Annual Executive Compensation Conference” – or the “18th Annual NASPP Conference”), register now so you won’t miss this critical webcast!