On January 25, 2011, the SEC adopted final rules on shareholder approval of executive compensation and golden parachute compensation under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The final rules clarified several comments raised with the proposed rules, but also made some important changes.

Download Winthrop & Weinstine, P.A., attorney Joy S. Newborg’s white paper to read more on the main changes and clarifications regarding the advisory votes from the proposed rules.

This white paper was created in conjunction with a Directors Roundtable Institute event on the challenges companies face under the Dodd-Frank Act. Click on the link for more information on the Directors Roundtable event.