Update On Dodd-Frank And Executive Compensation

The Dodd-Frank law requires enhanced disclosure of executive compensation by public companies and, in some circumstances, the recouping of compensation. Passed in 2010, the law left it to the SEC to detail how this framework would be implemented. Final rules on pay ratio disclosure have now been adopted, while rules for clawbacks of incentive compensation are in the proposal stage. A client alert from Seyfarth Shaw provides details about timetables and what it is that’s going to be required.