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Effective in 2010, the SEC Adopted New Requirements to Improve

question 78

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Effective in 2010, the SEC adopted new requirements to improve the disclosure shareholders of public companies receive regarding compensation and corporate governance. These new rules require disclosure of any directorships held by each nominee at any time during the past seven years at any public company.


Definitions:

Antabuse

A drug used to support the treatment of chronic alcoholism by producing an acute sensitivity to ethanol (drinking alcohol).

Bright Lights

Often referenced in psychological and physiological studies for their impact on mood, energy levels, and sleep patterns.

Contingency Management

A behavior modification technique that involves the systematic reinforcement of desirable behaviors and the withholding of reinforcement or punishment of undesired behaviors.

Alcoholism

A chronic disease characterized by uncontrolled drinking and preoccupation with alcohol, impairing health and social functioning.

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