Answers To Your Compensation Committee Rules Questions

Law360, New York (May 22, 2013, 12:32 PM EDT) -- As many are aware, on Jan. 11, 2013, the U.S. Securities and Exchange Commission approved changes to the listing standards of national securities exchanges (including the New York Stock Exchange and NASDAQ Stock Market), which impose specific requirements related to the independence of compensation committee members, the assessment of the independence of compensation consultants and other advisers providing advice to the compensation committee, and the authority of compensation committees. These rules were adopted by the national securities exchanges in accordance with an SEC rule (Exchange Act Rule 10C-1), which was adopted pursuant the Dodd-Frank Act....

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