SEC final rule for pay versus performance disclosure will require registrants to disclose information reflecting relationship between executive compensation actually paid and financial performance. Rules implement Dodd-Frank Act pay versus performance disclosure mandate.
On August 25, 2022, the Securities and Exchange Commission (the SEC) adopted new provisions under Item 402 of Regulation S-K, 17 CFR 229.402(v) (the "Pay Versus Performance Rule".
SEC's Pay Versus Performance rules satisfies the requirement in the Dodd Frank Act. The final rules will be effective for proxy statements filed in 2023 for calendar year end companies. Companies are allowed to only include information for the three most recent years.
On August 25, 2022, the Securities and Exchange Commission (“SEC”) adopted rules that amend Item 402 of Regulation S-K to require reporting companies to disclose information detailing.