Client Alert
| July 20, 2009
SEC Proposes New Compensation and Corporate Governance Disclosure Requirements and Revisions to Proxy Solicitation Rules
On July 10, 2009, the Securities and Exchange Commission published proposed amendments 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
- companies' leadership structure
- the board's role in the risk management 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