Take heart, compliance officers: here comes one batch of rules that should be a piece of cake.
In the next few months the Securities and Exchange Commission is scheduled to propose rules stemming from the Dodd-Frank Act requirement that companies disclose “information that shows the relationship between executive compensation actually paid and the financial performance of the issuer,” known as “pay on performance.” Sound familiar? That’s because the SEC already requires companies to disclose performance targets used in figuring executive compensation in the Compensation Discussion and Analysis (CD&A) section of the proxy statement.
