SEC Issues New Interpretations Related to Executive Compensation and Say-on-Pay Reporting

Katten Muchin Rosenman LLP
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On July 8, the Securities and Exchange Commission's Division of Corporation Finance issued new Compliance and Disclosure Interpretations (C&DIs) on executive compensation disclosure and reporting with respect to the frequency of shareholder advisory votes on executive compensation (i.e., "say on pay").

The SEC's new guidance included the following...

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