SEC Bulletin: SEC Adopts New Rule and Amends Proxy Disclosure Rules Relating to Compensation Committees
June 29, 2012
On June 20, 2012, the Securities Exchange Commission (the “SEC”) adopted new Rule 10C-1 under the Securities Exchange Act of 1934, as amended(the “Exchange Act”), and amended its proxy disclosure rules in accordance with the mandate of Section 952 of the Dodd-Frank Wall Street Reform and Consumer
Protection Act of 2010 (the “Act”).
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