UTC News

Date ArticleType
1/25/2013 Member News
SEC Approves Exchange Listing Standards for Compensation Committees and Compensation Advisers

The Securities and Exchange Commission has approved changes to the rules of the New York Stock Exchange (NYSE) and the NASDAQ Stock Market (NASDAQ) regarding compensation committees for listed companies. The revised rules implement Rule 10C-1 which required the exchanges to adopt new standards for independent compensations committees and mandated that compensation committees be given new authority and responsibility for the engagement of compensation advisers.

Read the full article here.

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