News

Updates to Dodd-Frank implementation schedule

News Brief
July 30, 2011

By Cydney Posner

For those following the play by play at the SEC on implementation of Dodd-Frank, the SEC's just-posted revised timetable delays adoption of rules regarding clawbacks and disclosure of pay for performance, pay ratios and hedging by employees and directors until the January – June 2012 timeframe. The SEC still contemplates proposing those rules in the August – December 2011 period, along with adoption of previously proposed rules related to listing standards regarding compensation committee independence and factors affecting compensation adviser independence,  disclosure rules regarding compensation consultant conflicts, and the specialized disclosure rules related to "conflict minerals," mine safety information and resource extraction. http://www.sec.gov/spotlight/dodd-frank/dfactivity-upcoming.shtml#07-12-12

This content is provided for general informational purposes only, and your access or use of the content does not create an attorney-client relationship between you or your organization and Cooley LLP, Cooley (UK) LLP, or any other affiliated practice or entity (collectively referred to as “Cooley”). By accessing this content, you agree that the information provided does not constitute legal or other professional advice. This content is not a substitute for obtaining legal advice from a qualified attorney licensed in your jurisdiction and you should not act or refrain from acting based on this content. This content may be changed without notice. It is not guaranteed to be complete, correct or up to date, and it may not reflect the most current legal developments. Prior results do not guarantee a similar outcome. Do not send any confidential information to Cooley, as we do not have any duty to keep any information you provide to us confidential. This content may be considered Attorney Advertising and is subject to our legal notices.