At an open Commission meeting last week (March 30, 2011) the five member U.S. Securities and Exchange Commission unanimously voted to release proposed rules on risk retention for securitizations, and separate proposed rules on the composition and independence of compensation committees and compensation advisors/consultants, including related disclosures. 

The proposal on risk retention follows from a section of the Dodd-Frank Act which requires the SEC and the federal banking agencies to issues risk retention rules for securitizations. The comment deadline on the joint proposal released by the SEC and the banking agencies last week is June 10. See the joint agency press release and proposed rule on risk retention; read additional highlights of the proposal here.  

Separately, the SEC's proposed rule on comp committees, as noted in the related   press release , would:
 

direc[t] the national securities exchanges to adopt certain listing standards related to the compensation committee of a company’s board of directors as well as its compensation advisers, as required by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

The comment deadline on the comp committee/comp advisor proposal is April 29; read additional highlights here.