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SEC proposes broad rule changes to enhance compensation and corporate governance disclosures
  • Jorden Burt LLP
  • USA
  • August 12 2009

The Securities and Exchange Commission has proposed amendments to its rules to "enhance the compensation and corporate governance disclosures registrants are required to make" about their "overall compensation policies and their impact on risk taking; stock and option awards of executives and directors; director and nominee qualifications and legal proceedings; company leadership structure; the board's role in the risk management process; and potential conflicts of interest of compensation consultants who advise companies."