SEC to Consider Pay for Performance Rulemaking Next Wednesday
The SEC has announced an open meeting on Wednesday, April 29, 2015, at 10:00 am to consider whether to propose amendments requiring companies to disclose the relationship between executive compensation actually paid and the financial performance of the company. The rulemaking is required under Section 14(i) of the Dodd-Frank Act.
The Commission will also consider whether to propose amendments and re-propose a rule governing the application of certain Title VII requirements to security-based swap transactions connected with a non-U.S. person’s dealing activity that are arranged, negotiated, or executed by personnel located in a U.S. branch or office or in a U.S. branch or office of an agent.
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