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Legal Update

U.S. Securities and Exchange Commission Proposes Say-On-Pay and Vote Reporting Rules

28 October 2010
Mayer Brown Legal Update
On October 18, 2010, the Securities and Exchange Commission (SEC) issued Release Nos. 33-9153; 34-63124, “Shareholder Approval of Executive Compensation and Golden Parachute Compensation”1 (Say-On-Pay Proposal), which proposes regulations to implement advisory votes giving shareholders:
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