On July 21, 2010, the President signed into law (Public Law 111-203) the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Reform Act”). The Reform Act implements a sweeping regulatory overhaul of the financial, banking and mortgage industries and also addresses consumer protection. Included in the Reform Act, and which is the subject of this blog, are numerous new laws affecting executive compensation and corporate governance at publicly-held companies.Continue Reading The Regulatory March to Reform Executive Compensation Practices Takes Another Step Forward
"Dodd-Frank Act"
President Obama Signs Dodd-Frank Act Into Law
On Wednesday, July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. We summarized the provisions of the new law applicable to public companies in a recent article.Continue Reading President Obama Signs Dodd-Frank Act Into Law
Senate Passes Dodd-Frank Wall Street Reform and Consumer Protection Act
On Thursday, July 15, 2010, the Senate passed the Dodd-Frank Wall Street Reform and Consumer Protection Act by a vote of 60-39. The bill passed in the House of Representatives on June 30, 2010. The legislation is expected to be signed into law by President Obama next week. The Dodd-Frank Act introduces wide-ranging reforms of the US financial regulatory system. The legislation calls for hundreds of rulemakings and studies, so the full impact will not be known for many years.Continue Reading Senate Passes Dodd-Frank Wall Street Reform and Consumer Protection Act