Overhauling Exec Comp, Corporate Governance Rules

Law360, New York (January 7, 2010, 1:41 PM EST) -- As anticipated, on Dec. 16, 2009, the U.S. Securities and Exchange Commission presented investors and corporate governance reform advocates with a holiday gift by adopting substantial amendments to the executive compensation and corporate governance disclosure requirements for publicly held companies.

The amendments reflect the SEC's efforts to increase investor awareness of companies' executive compensation practices and provide shareholders with a greater voice in their companies.

The SEC's rules as amended continue the federal government's coordinated movement to: (1) reform executive compensation practices, (2) push corporate boards...
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