Under the Dodd-Frank Act signed into law in 2010, proxy solicitations asking shareholders to approve an acquisition, merger, or consolidation in publicly held companies must provide shareholders with a binding vote to approve any compensation relating to these combinations.

Question

Quizplus · Accepted Answer

The Dodd-Frank Act requires a non-binding advisory vote on executive compensation related to mergers and acquisitions, not a binding vote.

Under the Dodd-Frank Act Signed into Law in 2010, Proxy