New SEC pay versus performance rules to increase information reporting regarding executives: What you will need to include in your next proxy statement

The Securities and Exchange Commission (the “SEC”) recently adopted final rules to implement Section 14(i) of the Securities Exchange Act of 1934 (the “Act”), required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The new rules add Item 402(v) of Regulation S-K (“Item 402(v)”), which requires a public company to disclose the relationship between executive compensation and the company’s financial performance. READ MORE