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...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.