Friday, June 10, 2011

Corporate Governance and Reform - The Impact of the Dodd-Frank Act - The Latest Legal Features, Research and Legal Profiles - Who's Who Legal

Corporate Governance and Reform - The Impact of the Dodd-Frank Act - The Latest Legal Features, Research and Legal Profiles - Who's Who Legal: "The Act sets new standards relating to executive compensation and corporate governance. In some cases, the reach of the Act is limited to companies that have listed their securities on a national securities exchange, such as the NYSE or the NASDAQ Stock Market, but in other cases it extends to companies that are otherwise subject to specified SEC reporting requirements, such as the requirement to deliver to shareholders a proxy or information statement. The Act also authorises the SEC to exempt companies from certain requirements, in particular with respect to compensation committee independence, compensation-related shareholder voting and shareholder proxy access, based on the size of the issuer and other relevant factors."