• SEC Adopts Changes to Disclosure Requirements Concerning Executive Compensation and Related Matters
  • August 5, 2006 | Author: Ernest S. Wechsler
  • Law Firm: Kramer Levin Naftalis & Frankel LLP - New York Office
  • The SEC issued a press release on July 26, 2006 announcing the adoption of changes to the rules requiring disclosure of executive and director compensation, related person transactions, director independence and other corporate governance matters, and security ownership of officers and directors. The new rules include a sweeping overhaul of the disclosure requirements for executive compensation, intended to significantly improve the quality of this disclosure.