Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

Get updates on Compliance Week offerings, including new features, databases, research, and other resources, along with announcements of upcoming Webcasts, conferences, seminars, CPE/CLE opportunities and more.

Published every Thursday, Compliance Week Europe offers a condensed summary of risk, audit, and compliance news either originating in Europe, or of special interest to European compliance professionals. This newsletter will follow developments by the European Commission, as well as those of national governments across the region, or any U.S.-based news that might have consequence across the Atlantic. Frequency: weekly; Thursday a.m.

A fresh edition of Compliance Week delivered via e-mail and online every Tuesday morning, relentlessly focused on the disclosure, reporting and compliance requirements of our 25,000+ paying subscribers.

Published every Friday, Compliance Weekend was launched at the behest of subscribers, and offers a quick Plain English review of the week's key developments. We hope you enjoy this supplement to Compliance Week's Tuesday edition.

SEC Posts New Interpretations on Proxy Disclosure Rule

Melissa Klein Aguilar | February 17, 2010

More help for companies on complying with the Securities and Exchange Commission's new Proxy Disclosure Enhancements rule: The staff of the Division of Corporation Finance has posted six new Compliance and Disclosure Interpretations.

Among other things, the rule, adopted by the SEC in December, requires new disclosure about executive pay, risks and risk oversight, and directors' experience and qualifications, and requires much faster reporting of shareholder vote results.

The new interpretations published Feb. 16 include new questions 116.07, 117.05; 119.21, 119.22 and 119.23, which offer guidance on disclosure under Items 401, 402(a), and Item 402(c) of Regulation S-K.
The staff also added new question 121A.01 related to Exchange Act Form 8-K, which explains how issuers should calculate the four-business day filing period for disclosing the results of a shareholder vote.

They follow other staff guidance on the new requirements issued in January and December.