The SEC also adopted Form 8-K triggers related to executive compensation events, limiting real time disclosures of management contracts and compensatory plans, contracts and arrangements, and consolidating Form 8-K disclosures on management and director issues under a single item.
The actual written release, SEC Release No. 33-8732, with the text of the final rules was available August 11, 2006. The SEC received more than 20,000 comment letters on its initial proposal—the most ever received on any rule-making proposal. The new rules are effective for the 2007 proxy season.
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