Hedging Disclosures for Employees and Directors Section 955 of the Dodd-Frank Act requires the SEC to adopt rules requiring companies to disclose in proxy statements for annual meetings whether any employee, director or designee may hedge ownership of the company’s...
Independence of Compensation Consultants and Other Compensation Committee Advisors Section 10C(b) of Dodd-Frank deals with the “Independence of Compensation Consultants and Other Compensation Committee Advisors”. A compensation committee may only select a...
Compensation Committee Independence & Hiring National securities exchanges and associations already have their own requirements to ensure that compensation committee members are independent. Under NYSE and NASDAQ corporate governance standards, directors can...
The following analysis was prepared by Ryan Hemphill in the Spring of 2011. Here, Ryan Hemphill addresses the Executive Compensation provisions within the recently passed Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. By analyzing the specific...
Public Policy behind Sec. 619 The public policy behind the Volcker Rule is fairly apparent. As the Chairman of the Federal Reserve from 1979-87, Paul Volcker (and the rule that bears his name) seeks a nostalgic return to a time when he was directing US monetary...