SEC Annnouces New Disclosure Rules Effective This Proxy Season

On December 16, 2009, the SEC approved new rules that will impact the preparation of your 2010 proxy statement. The new rules are intended to provide enhanced disclosure to investors regarding risk, compensation and corporate governance matters. The new rules encompass several areas of disclosure and will likely require Board and management attention in the early stages of drafting your proxy statement. The following is a brief overview of the new rules, which will become effective February 28, 2010.

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