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SEC Proposes Significant Changes to Executive and Director Compensation Disclosure Requirements |
November 20, 2006
Previously published on January 17, 2006
Following months of public discussion, this afternoon the Securities and Exchange
Commission, in a 5 to 0 vote, proposed the most sweeping set of changes to executive and
director compensation disclosure since 1992. The proposed rules would amend the disclosure
requirements for executive and director compensation, related party transactions, security
ownership of officers and directors and director independence and other corporate governance
matters.
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The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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