SEC Expands Corporate Disclosure Compliance Requirements

• Posted by Geoffrey G. Gussis on July 28th, 2006


• Filed in Risk Management & Compliance

BeSpacific has information on the SEC’s recent action on executive compensation:

"The Securities and Exchange Commission today voted to adopt changes to the rules requiring disclosure of executive and director compensation, related person transactions, director independence and other corporate governance matters, and security ownership of officers and directors. These changes would affect disclosure in proxy statements, annual reports and registration statements, as well as the current reporting of compensation arrangements. The rules would require that most of this disclosure be provided in plain English."

Link: beSpacific: SEC Expands Corporate Disclosure Compliance Requirements.