The SEC has released a timetable of its upcoming rulemaking efforts to implement provisions of the Dodd-Frank Act. Between October and December, the SEC will issue proposed rules on the following: shareholder “say on pay” votes on executive compensation, disclosure by investment advisers of votes on compensation matters, new listing standards regarding compensation committee independence and factors affecting compensation adviser independence, and disclosure of consultant conflicts.
Between April and July 2011 the SEC will adress: the disclosure of pay-for-performance, pay ratios, and stock hedging by employees and directors, the recovery of erroneously awarded compensation and rules that define “other significant matters”.
Click here to see the full timetable: SEC Releases a Timetable for Dodd-Frank Rulemaking
About Red Oak Compliance Solutions
Red Oak Compliance Solutions is the global advertising review software of choice in the financial services industry. It is a comprehensive suite of SEC 17A-4 compliant features that are 100% books and records compliant and provides clients with 35% faster approvals and 70% fewer touches or better. We also offer Smart Review(SM), which solves for the storage and maintenance of disclosures, helping firms reduce risk, decrease review times, and increase the speed of distribution of marketing materials. Smart Registration(SM) automates the licensing and registration management process to help reduce regulatory risk and time spent on manual processes. Overall, Red Oak allows firms to minimize risk, reduce costs, and increase compliance review process effectiveness and efficiencies.