SEC on 2009 Proxy Season, Expectations for 2010

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Published in Compliance Week November 10, 2009

Note to those tasked with drafting the Compensation Discussion and Analysis section of the proxy: Pay particular attention to your analysis and performance target disclosures, because the Securities and Exchange Commission staff will.
That was one takeaway from a Nov. 9 speech at the 4th Annual Proxy Disclosure Conference, in which Shelley Parratt, deputy director of the SEC’s Division of Corporation Finance, shared her views on the current state of executive compensation disclosure and on what the staff expects to see in the 2010 proxy season.

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