Financial Services Industry
Industry: Email Alert RSS FeedRevamp sought for stock option rules.(Short Interests)
Investment News, June, 2006
Byline: Sara Hansard WASHINGTON - The Securities and Exchange Commission should reform its disclosure rules regarding the dating of stock option awards, the CFA Centre for Financial Market Integrity told the commission last week. The policy-setting arm of the Charlottesville, Va.-based CFA Institute, which represents chartered financial analysts, suggested four areas in which the SEC could improve disclosure about stock options.
Dates for all prior-year compensation committee meetings should be reported in the annual proxy statement, and dates that compensation committees approve share-based awards should be reported on a continuing basis through 8-K filings, the CFA Centre suggested to the SEC. In addition, effective grant dates, if...
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