SEC Plans Action on Three Proposals To Implement Dodd-Frank, Official Says

The Securities and Exchange Commission has three executive compensation-related Dodd-Frank provisions on its rulemaking timetable, but no projections for adoption of final rules, an SEC official said April 19 during a program sponsored by the Practising Law Institute.

Anne Krauskopf, senior special counsel in the Division of Corporation Finance, speaking unofficially, said the three Dodd-Frank Wall Street Reform and Consumer Protection Act requirements for which rules have not been proposed or adopted are:

• Section 953, which requires disclosure of the relationship between executive compensation “actually paid” and the issuer’s financial performance, and disclosure of internal pay equity;
• Section 954, which ...