Thursday, February 26, 2009

White Paper on Executive Compensation and Corporate Governance Provisions of the Stimulus Legislation Is Available

The corporate governnace and executive compensation provisions of the American Recovery and Reinvestment Act are significant. They were inserted into the legislation by Senate Banking Committee Chair Christopher Dodd. In addition, Senator Dodd wrote a letter to the SEC explaining these provisions and asking that the SEC promulgate guidance. The SEC quickly responded to Senator Dodd with guidance on the say on pay provisions of the Act. Please click here for for a white papar discussing these events and issues