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NYSE and NASDAQ Amend Compensation Committee Proposals
Dodd-Frank.com, a blog by Leonard, Street and Deinard 
[Guidance Overview] Jan. 15, 2013 "NASDAQ proposes to clarify that a compensation committee is not required to conduct the independence assessment required by proposed Listing Rule 5605(d)(3)(D) with respect to a compensation adviser that acts in a role limited to: consulting on any broad-based plan ... and/or providing [certain] information ... The NYSE has proposed a similar amendment to its proposal, together with amendments addressing transition when smaller reporting companies are no longer eligible for that status." MORE >> |
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