TITLE

TARP Companies Get Rush Order on Say-on-Pay

AUTHOR(S)
Aguilar, Melissa Klein
PUB. DATE
April 2009
SOURCE
Compliance Week;Apr2009, Vol. 6 Issue 63, p56
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the U.S. Securities and Exchange Commission (SEC) guideline for the businesses participating in the Troubled Asset Relief Program (TARP). The new SEC guidelines requires businesses participating in the TARP to offer shareholders an advisory vote on executive compensation. With the passage of the American Recovery and Reinvestment Act by the U.S. Congress, TARP companies got ensured that they will have to start offering say-on-pay votes to shareholders in the near future.
ACCESSION #
37364426

 

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