SEC Proposes Dodd-Frank Rule on Employee, Director Hedging

By |2018-08-07T02:39:28-05:00February 11th, 2015|News|0 Comments

The SEC proposed a rule under Section 955 of the Dodd-Frank Act requiring companies to disclose whether employees and board members are permitted to hedge against declines in company's stock - including stock granted as part of compensation. Under the proposal, publicly held companies would be required to make the disclosures on their proxy statements [...]