Resources To Update Comp Committee Charter Requirements By July 1

As most listed public companies know, as a result of the Dodd-Frank Act, the stock exchanges have adopted rules regarding the independence of compensation committees and their advisers.  NASDAQ and the NYSE require the first prong of these rules, which require revisions to compensation committee charters, to be completed by July 1, 2013.

You may find the following resources helpful in updating your compensation committee charters and complying with the rest of the rules:

Check dodd-frank.com frequently for updated information on the JOBS Act, the Dodd-Frank Act and other important securities law matters.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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