SEC Adopts Final Rules For Say-On-Pay, Say-When-On-Pay, And Golden Parachute Arrangements

Wilson Sonsini Goodrich & Rosati
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On January 25, 2011, the Securities and Exchange Commission (SEC) adopted amendments to its rules under the Securities Exchange Act to implement Section 951 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) relating to shareholder approval of executive compensation and “golden parachute” compensation arrangements.

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