http://www.pattonboggs.com/ en-us Thu, 02 Sep 2010 07:57:18 GMT Thu, 02 Sep 2010 07:57:18 GMT On June 29, 2010, a Memorandum prepared by the Patton Boggs Financial Services Policy Group, summarized a number of the key provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Act"). Among the topics that was identified and briefly summarized were provisions which deal with executive compensation. The firm's ERISA, Employee Benefits and Executive Compensation practice group has put together a more detailed Memorandum which analyzes the executive compensation provisions of the Act and provides commentary where appropriate. In general, the Act would establish new rules for -- shareholder "say-on-pay" votes compensation committee independence (including compensation consultant independence) and disclosure expanded proxy disclosure (pay vs. performance) compensation clawbacks hedging disclosure enhanced compensation disclosure for financial institutions Each of these areas are addressed in the Memorandum. http://www.pattonboggs.com/news/Detail.aspx?news=1224 News http://www.pattonboggs.com/news/Detail.aspx?news=1224 Wed, 30 Jun 2010 00:00:00 GMT