While April may be the cruelest month, followers of executive compensation law and lore may be ruing July of 2009 for some time to come. The U.S. Securities and Exchange Commission, the Department of the Treasury and Congress have released proposals that stand to change the landscape of executive compensation disclosure and practice. While many aspects of the proposals were long anticipated, the sheer volume of the changes, the breadth of the new requirements and the resulting disclosure will garner much attention over the coming months.

Click here to view the full memo, Executive Compensation and Governance-Related Reforms Propose Extensive Changes to Procedure and Disclosure