The Securities and Exchange Commission announced it will consider two items on its Dodd-Frank Act rulemaking agenda next week, including new listing standards and disclosure rules for national securities exchanges like Nasdaq and the New York Stock Exchange regarding the compensation advisers of listed companies.
The Commission will consider proposing a rule to implement Section 952, which requires exchanges to list standards for compensation committee and adviser independence. Under Dodd-Frank, the SEC must also propose disclosure rules regarding compensation consultant conflicts.
