Companies preparing to issue their first proxies under the Securities and Exchange Commission’s new executive compensation disclosure rules, take note: Don’t expect any new rulemaking in that area this year.
Speaking to roughly 500 attendees at Compliance Week’s annual conference in Washington D.C. today, Division of Corporation Finance director John White said that while the SEC may issue more interpretive guidance related to its rules, he doesn’t expect to see additional rulemaking in time for the next proxy season.
