#CorpGov #CEO #CFO #Proxy Alert: SEC Proposes Dodd-Frank Amendments to Create #AlignedValue in Equity Ownership
On February 9th, 2015 SEC Commissioner Luis A. Aguilar released proposed amendments to Section 955 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue # 1: Can transparency align equity ownership and shareholder interests? The amendments introduce a new section – 14(j) – which would enhance transparency by including disclosures that indicate whether employees and members of the board of directors are permitted to engage in transactions to hedge or offset any decrease in the market value of securities granted by their company as compensation – or held directly or indirectly. Such disclosures would allow investors to fairly evaluate if employees and directors may, or may not, mitigate or circumvent alignment … Continue reading #CorpGov #CEO #CFO #Proxy Alert: SEC Proposes Dodd-Frank Amendments to Create #AlignedValue in Equity Ownership