In this issue:

- SEC Proposes New Pay-for-Performance Rules

- NASAA Launches a Streamlined Filing Process for Form D

- CFTC Proposal Eases Trade Option Obligations for Non-SD/MSP Counterparties

- CFTC’s Global Markets Advisory Committee Meeting on May 14

- Ninth Circuit Honors Canadian Business Law’s Exclusive Remedy Provision

- Delaware Court of Chancery Holds Forum Selection Clause Trumps Prior-Filed Action Doctrine

- Excerpt from SEC Proposes New Pay-for-Performance Rules:

On April 29, the Securities and Exchange Commission proposed new rules to require annual disclosure in proxy and information statements under the Securities Exchange Act of 1934 regarding the relationship between executive compensation actually paid by, and the financial performance of, registrants (excluding foreign private issuers, registered investment companies and emerging growth companies). The SEC is required to adopt payfor-performance rules pursuant to The Dodd-Frank Wall Street Reform and Consumer Protection Act.