• Dodd-Frank Compensation Committee Rules — Implications for Nonprofits?
  • September 21, 2010 | Authors: Marshall B. Paul; Harry D. Shapiro
  • Law Firm: Saul Ewing LLP - Baltimore Office
  • Nothing in the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank” or the “Act”) directly applies to nonprofit organizations. Nonetheless, boards of large, publicly-funded nonprofits would be well served to consider and adopt Dodd-Frank’s compensation committee and compensation committee consultant rules.