The SEC Adopts Enhanced Proxy Disclosure Rules

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On December 16, 2009, the Securities and Exchange Commission (the “SEC”) approved amendments to the proxy disclosure rules that significantly enhance disclosures relating to compensation policies and practices and Board of Director disclosures. In particular, the new rules require disclosure of the following...

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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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