It’s been busy in the securities and corporate governance arena lately. First, the Securities and Exchange Commission released its proposed rule regarding stockholder access to the company’s proxy materials with respect to director nominations and a rule amendment regarding stockholder proposals addressing director nomination procedures. SEC Chairman Mary Schapiro has stated that the SEC is considering additional disclosure requirements in the board of directors and compensation disclosure areas. Finally, several compensation and corporate governance bills have

been introduced in Congress, and even Treasury’s Financial Regulatory Reform white paper discusses “principles of compensation.”

Penny Somer-Greif of Ober|Kaler takes a look at these issues in her "Small Business Securities Bulletin."