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Disclosure Requirements Securities and Exchange Commission (SEC) Compensation Agreements

Holland & Knight LLP

SEC Approves Nasdaq Rule Requiring Disclosure of Third-Party Payments to Directors

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New Nasdaq Rule 5250(b)(3) is a result of increased activist shareholder efforts to place representatives on public company boards of directors. During the past several years, activist shareholders have sought to nominate...more

Seyfarth Shaw LLP

SEC Approves NASDAQ “Golden Leash” Rules

Seyfarth Shaw LLP on

Recently, the U.S. Securities and Exchange Commission (the “SEC”) approved NASDAQ’s new Rule 5250(b)(3), which requires NASDAQ-listed companies to publicly disclose any cash or non-cash payments made by third parties to any...more

Morgan Lewis

SEC Examiners Focused on Fund Share Class Conflicts of Interest

Morgan Lewis on

OCIE recently published a Risk Alert announcing that it will examine the potential conflict of interest created by registered investment advisers being financially incentivized to recommend certain share classes to clients....more

Goodwin

Nasdaq Adopts “Golden Leash” Director Compensation Disclosure Requirement

Goodwin on

The Nasdaq Stock Market LLC (Nasdaq) has adopted a new rule that will require each Nasdaq-listed company to publicly disclose compensation or other payments by third parties to any current director or nominee for director in...more

Dorsey & Whitney LLP

NASDAQ Proposes Rule Requiring Disclosure of “Golden Leash” Arrangements

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On January 28, 2016, the NASDAQ Stock Market LLC proposed a change to its Listing Rules that, if implemented, would require NASDAQ-listed companies to publicly disclose so-called “golden leash” arrangements. “Golden leash”...more

Skadden, Arps, Slate, Meagher & Flom LLP

"SEC Adopts CEO Pay Ratio Disclosure Requirements"

On August 5, 2015, in a 3-2 vote, the U.S. Securities and Exchange Commission (SEC) adopted final rules implementing the controversial “CEO pay ratio” disclosure requirements that were proposed in 2013 and mandated by...more

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