Our attorneys have wide-ranging experience over many years in the corporate governance arena. As a result of this expertise, our lawyers have been helping clients cope with the array of legislative and regulatory responses coming out of the U.S. Congress, the U.S. Securities and Exchange Commission and major U.S. stock exchanges.
SEC Adopts Say-on-Pay, Say-on-Frequency and Say-on-Golden Parachute Requirements
February 7, 2011
The Securities and Exchange Commission has adopted, by a 3-2 split vote, rules to implement the advisory "say-on-pay," "say-on-frequency" and "say-on-golden parachute" shareholder votes required by Section 951 of the Dodd-Frank Wall Street Reform and Consumer Protection Act as well as related, new disclosure rules and other requirements.