Regulatory Alerts2015-02-17 | 2015-02948Added
Disclosure of Hedging by Employees, Officers and Directors
The Securities and Exchange Commission proposes amendments to Regulation S-K and Schedule 14A to implement Section 955 of the Dodd-Frank Act. The rule requires issuers to disclose in proxy statements whether employees, officers, or directors are permitted to hedge or offset decreases in the market value of equity securities granted as compensation or held directly or indirectly. This disclosure applies to all employees and directors, not just named executive officers, to provide shareholders with transparency regarding the alignment of their interests with company insiders.
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