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SEC proposes expanded disclosures

  • SEC (US Securities and Exchange Commission) (dark gray) Image

21 Jan 2006

The Securities and Exchange Commission has voted to publish for comment proposed rules that would amend disclosure requirements for: executive and director compensation related party transactions director independence and other corporate governance matters security ownership of officers and directors. The proposed rules would affect disclosure in proxy statements, annual reports and registration statements.

The proposals would require most of this disclosure to be provided in plain English. The proposals also would modify the current reporting requirements of Form 8-K regarding compensation arrangements. Click for (PDF 80k).

Correction list for hyphenation

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