NYSE Restores Thresholds for Related Party Transactions

Harvard Law School Forum on Corporate Governance

Brian V. Breheny Raquel Fox Marc S. Gerber

Partners Brian Breheny, Raquel Fox and Marc Gerber review a recent rule change by the NYSE that restores transaction value and materiality thresholds to the listing rules regarding independent directors’ review of related party transactions, thereby aligning the rules with SEC disclosure requirements.