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SEC Approves NYSE and NASDAQ Listing Standards Relating to Independence of Compensation Committees and Their Advisers (PDF)
Alston & Bird LLP 
[Guidance Overview] Jan. 24, 2013 "The final listing standards, as amended, require compensation committees to consider six independence factors before selecting or receiving advice from a compensation adviser. However, the final listing standards emphasize that nothing in the rules requires a compensation adviser to be independent, only that the compensation committee consider the six factors before selecting or receiving advice from such adviser. These requirements must be complied with by July 1, 2013." |
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