The Securities and Exchange Commission has unanimously decided to adopt rules directing national securities exchanges to adopt listing standards regarding the board remuneration committee and remuneration advisers: see here. The rules will require, amongst other things, remuneration committee members to be members of the board and to be independent.
Thursday 31 March 2011
USA: SEC adopts remuneration committee rules
The Securities and Exchange Commission has unanimously decided to adopt rules directing national securities exchanges to adopt listing standards regarding the board remuneration committee and remuneration advisers: see here. The rules will require, amongst other things, remuneration committee members to be members of the board and to be independent.
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