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SEC Proposes Rules Requiring Hedging Policy Disclosure

This week, the SEC released proposed rules intended to implement Section 955 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”), which would require SEC reporting companies to disclose in their annual meeting proxy statements whether the company permits its employees (including officers) and directors to hedge equity securities of the company. 

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TAGS: Dodd-Frank, Hedging, SEC, Securities Law

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