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Executive Compensation › Third Party Payments

Sheppard Mullin Richter & Hampton LLP

SEC Approves Nasdaq’s Proposed Rule on Third Party Payments to Directors and Director Nominees – The “Golden Leash” Disclosure

Sheppard Mullin Richter & Hampton LLP on

On July 1, 2016, the Securities and Exchange Commission (the “SEC”) approved, on an accelerated basis, proposed amendments to the listing rules of The Nasdaq Stock Market LLC (“Nasdaq”) to require Nasdaq-listed companies to...more

Bradley Arant Boult Cummings LLP

Nasdaq Rule Requiring Disclosure of Director “Golden Leash” Compensation Goes into Effect August 1, 2016

Bradley Arant Boult Cummings LLP on

A new requirement that Nasdaq-listed companies disclose certain payments made to directors by third parties is scheduled to go into effect on August 1, 2016. The new rule targets so-called “golden leash” payments made to...more

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