Written by Eric Chapman
on Tuesday, 23 February 2010 13:21
After review of comments received on proposed rules, the Securities and Exchange Commission (SEC) issued final rules on December 16, 2009, relating to enhanced disclosure requirements applicable to proxy statements of all public companies.
This briefing summarizes final disclosure rules relating to:
• Impact of compensation policies and practices on risk-taking;
• Tabular disclosure of equity based awards made to Named Executive Officers (NEOs); and
• Potential conflicts of interest of compensation consultants that advise both management and the board.