Law360, New York ( May 15, 2015, 12:09 PM EDT) -- On April 29, 2015, the U.S. Securities and Exchange Commission issued proposed rules to implement the Dodd-Frank Act requirement that issuers disclose in any annual proxy or consent solicitation the relationship between executive compensation actually paid and the financial performance of the issuer, "taking into account any change in the value of the shares of stock and dividends of the registrant and any distributions."[1] In the SEC's view, this disclosure requirement[2] is "intended to provide shareholders with information that will help them assess a registrant's executive compensation when they are exercising their rights to cast advisory votes on executive compensation." The proposed rule would require registrants to:...