November 30, 2012
A Sample Compensation Consultant Questionnaire & SEC Delays Approving Exchange Listing Standards
– Broc Romanek, CompensationStandards.com
Yesterday, the SEC delayed approving the NYSE’s and Nasdaq’s listing standards relating to compensation committees and advisors. Action was due by today – but now has been deferred until January 13, 2013. The delay shouldn’t impact what companies disclose in proxy statements next year – unless the SEC decides to not go forward, which is highly unlikely given there were only 14 comment letters on this round of proposals.
Meanwhile, thanks to Baker McKenzie, we have posted a sample compensation consultant questionnaire to help you assess what you need to disclose. This sample is posted in Word in our “Compensation Consultant” Practice Area. Also remember there was a sample questionnaire included in the July-August issue of The Corporate Counsel.
Don’t forget this “Quick Survey on Compensation Consultant Conflicts Disclosure.” Please take a moment to participate – all responses are anonymous as always…