Nasdaq Revises Compensation Committee Requirements – Again

By: Daniele Ouellette Levy Nasdaq recently amended its listing rules regarding the independence of compensation committee members. The latest amendment comes on the heels of an amendment approved by Nasdaq in early 2013 which imposed new independence requirements on members of compensation committees. Under the rules approved in early 2013, any director who accepts compensation from …

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Action Items for Smaller Reporting Companies: Nasdaq Changes Compensation Committee Requirements

By: Daniele Ouellette Levy The SEC recently approved changes to Nasdaq’s corporate governance requirements regarding compensation committees. These changes apply to any company whose stock is listed on Nasdaq – with certain significant exceptions. Smaller reporting companies, or SRCs, are exempt from many, but not all, of the new requirements. Here is a brief summary …

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