On March 30, 2011, the Securities and Exchange Commission (‘‘SEC’’) issued proposed rules1 to implement Section 952 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (‘‘Dodd-Frank’’).2 These proposed rules would implement new listing standards for compensation committee members, and add disclosure requirements related to the relationships between a compensation committee and compensation advisers. This article discusses these SEC proposed rules to provide a glimpse into future independence and disclosure requirements in the realm of executive compensation. ...

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