On June 20, 2012, the U.S. Securities and Exchange Commission (SEC) adopted final rules regarding the independence of Compensation Committee members and advisers, and related disclosure requirements. Pryor Cashman Corporate Counsel Michael T. Campoli has written an informative Legal Update summarizing the new rules.

To read the update, entitled "SEC Adopts Final Rules Regarding the Independence of Compensation Committee Members and Advisers, and Related Disclosure Requirements," please click here.