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Interesting that JOBS act took so much care about executive compensation :

"

Implications of Being an Emerging Growth Company

We are an “emerging growth company” as defined in the Jumpstart Our Business Startups Act of 2012, or the JOBS Act. An emerging growth company may take advantage of specified reduced reporting requirements that are otherwise applicable generally to public companies. These reduced reporting requirements include:

the requirement to present only two years of audited financial statements and only two years of related management’s discussion and analysis in this prospectus;

an exemption from compliance with the auditor attestation requirement on the effectiveness of our internal control over financial reporting;

reduced disclosure about our executive compensation arrangements; and

an exemption from the requirements to obtain a non-binding advisory vote on executive compensation or shareholder approval of any golden parachute arrangements."




I guess it’s clear whose JOB the act is all about ;)




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