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Proposed Rule: Executive Compensation and Related Party ...

SECURITIES AND EXCHANGE COMMISSION 17 CFR PARTS 228, 229, 239, 240, 245, 249 AND 274 RELEASE NOS. 33-8655; 34-53185; IC-27218; FILE NO. S7-03-06 RIN 3235-AI80 Executive Compensation AND Related Party DISCLOSURE AGENCY: Securities and Exchange Commission. ACTION: Proposed rule. SUMMARY: The Securities and Exchange Commission is proposing amendments to the disclosure requirements for Executive and director Compensation , Related Party transactions, director independence and other corporate governance matters and security ownership of officers and directors. These amendments would apply to disclosure in proxy and information statements, periodic reports, current reports and other filings under the Securities Exchange Act of 1934 and to registration statements under the Exchange Act and the Securities Act of 1933.

8 I. Background and Overview of the Proposals We are proposing revisions to our rules governing disclosure of executive compensation, director compensation, …

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