Dodd-Frank.com

Developments in Securities Regulation, Corporate Governance, Capital Markets, M&A and Other Topics of Interest

FDIC Creates Office of Complex Financial Institutions

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The FDIC Board of Directors today approved the creation of a new Office of Complex Financial Institutions (CFI) and Division of Depositor and Consumer Protection (DCP) to help carry out its responsibilities under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The CFI will perform continuous review and oversight... Read More

Topics: Banking

A Compensation Plan That Didn’t Work

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HP’s Chief Executive Officer, Mark Hurd, resigned after an investigation disclosed that Hurd had a “close personal relationship” with an H-P contractor hired by the Office of the CEO and that “Mark never disclosed that.”  According to HP’s General Counsel, “there were instances of compensation and reimbursement for services that were... Read More

Topics: Banking, Employment, Executive Compensation, Public Companies and Securities

Representing Compensation Committees — Regular Counsel Need Not Apply?

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The Dodd-Frank Act contains a number of provisions designed to improve the independence and operations of Compensation Committees.  But in doing so, has Congress made it more difficult – if not impossible – for a company’s regular outside law firm to assist its Comp Committee? The Act provides that a... Read More

Topics: Executive Compensation, Litigation, Public Companies and Securities