Dodd-Frank Executive Compensation
SEC Targets Perqs in Another Enforcement Action
Employment, Executive Compensation, Litigation, Public Companies and Securities The SEC has targeted disclosure of executive perquisites in another settled enforcement action. According to the SEC, the issuer did not follow the Commission’s standard regarding disclosure of perquisites, which provides that: An item is not a perquisite or personal benefit if it is integrally and directly related to the performance of the executive’s duties. […] Read more →
SEC Reduces Thresholds for Smaller Reporting Company Definition and Requires Mandatory Use of Inline XBRL
Executive Compensation, Public Companies and Securities The SEC has long recognized that smaller issuers should be subject to somewhat less stringent disclosure standards than larger companies. The SEC has referred to this as... Read more →
SEC Commissioner Believes Rule 10b-18 should not be Available if Executives are Selling
Executive Compensation, Public Companies and Securities SEC Commissioner Robert J. Jackson Jr. recently gave his views on stock buybacks. Much of the speech focused on Rule 10b-18 which is used by public companies when conducting... Read more →
SEC Issues FAQs on Compensation Plan Proposals Included in Proxy Statements
Employment, Executive Compensation, Public Companies and Securities The SEC has issued a series of frequently asked questions, which in SEC speak are referred to as Compliance and Disclosures Interpretations (or C&DIs for short), on proxy... Read more →