Client Alert
| December 21, 2009
SEC Adopts New Compensation and Corporate Governance Disclosure Requirements
On December 16, 2009, the Securities and Exchange Commission adopted amendments (the “New Rules”) to the compensation and corporate governance disclosure rules to expand or revise disclosure on:
- companies' overall compensation policies and their impact on risk taking;
- stock and option awards to executives and directors;
- director and nominee qualifications and legal proceedings;
- board leadership structure;
- the board's role in the risk oversight process; and
- potential conflicts of interest of compensation consultants that advise companies.
For more information, please contact your Dewey & LeBoeuf relationship partner, or one of the following:
This memorandum is intended only as a general discussion of these issues. It is not considered to be legal advice. We would be pleased to provide additional details or advice about specific situations. For additional information on this important topic, please feel free to call upon your Dewey & LeBoeuf relationship partner. No part of this publication may be reproduced, in whole or in part, in any form, without our prior written consent.
For further information on Dewey & LeBoeuf, please visit www.dl.com. +1 888 532 6383