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Corporate & Securities Law

: Jim Hamilton's World of Securities Regulation

By Jim Hamilton

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House Passes Stimulus Bill with Say on PayThe American Recovery and Reinvestment Act of 2009 has passed the House and is in the verge of Senate passage. The Actimposes various executive compensation limits on companies participating in the troubled assets relief program (TARP). The provisions also require each TARP recipient to include in its annual proxy statement a nonbinding shareholder advisory vote on the company?s executive cash compensation program. This is the first ever federal say on p read more

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Full post as published by Jim Hamilton's World of Securities Regulation on February 13, 2009 (boomark / email).

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