Federal Securities Law Source

Tag Archives: NASDAQ

Deadline approaching for public companies to adopt Dodd-Frank clawback policies

This summer, the Securities and Exchange Commission (SEC) approved final Dodd-Frank clawback policy listing requirements for both the NYSE (NYSE Listed Company Manual Section 303A.14) and Nasdaq (Nasdaq Listing Rule 5608). The listing standards provide that these compensation recovery policies apply to compensation received on or after Oct. 2, 2023, but listed companies have until … Continue Reading

New NASDAQ and NYSE Standards for Compensation Committee Independence

The NYSE and NASDAQ have proposed respective rule changes to comply with new SEC Rule 10C-1, which requires the Exchanges to create new listing standards requiring each member of a listed company’s compensation committee to be independent.  Rule 10C-1 implements provisions of the Dodd-Frank Act that also require additional standards regarding compensation consultants. The new NYSE … Continue Reading

NASDAQ Revamps Marketplace Rules

The NASDAQ Listing Qualifications Department is currently accepting public comment on a new draft of its Marketplace Rules. The Rules, which describe the requirements for listing securities on NASDAQ, have been reorganized, and in some cases rewritten, to make them easier to navigate and understand; however, no substantive changes have been made. Several improvements have … Continue Reading