SEC Adopts Amendments to the Proxy Rules Concerning Disclosure of Executive Compensation and Corporate Governance

By: Phillip J. Kardis IIVincent J. Pisano, Douglas J. Ellis

On December 16, 2009, the Securities and Exchange Commission (the “SEC”) adopted amendments (the “Amendments”) to its executive compensation and corporate governance disclosure requirements. The Amendments are effective on February 28, 2010. Accordingly, many public companies face significant new disclosure requirements for the 2010 proxy season.

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