NASDAQ has added the Compensation Committee Certification Form to its online preview forms and applications in the NASDAQ OMX Listing Center. Listed companies must log in to the Listing Center and complete and submit the form to certify their compliance with NASDAQ's amended compensation committee listing rules, which were mandated by the Dodd-Frank Act.

The form addresses requirements regarding the compensation committee charter and composition of the compensation committee. For example, smaller reporting companies must certify compliance with more limited standards. Foreign private issuers must certify if they are following home country practices instead of the requirements.

The following types of issuers are exempt from the amended compensation committee listing rules:

These companies must use the new form certify that they are exempt from the charter and composition requirements.

A listed company must submit its certification no later than 30 calendar days after the earlier of:

To learn more about NASDAQ's amended compensation committee rules, see Practice Note, Corporate Governance Standards: Compensation Committee: Dodd-Frank Act: Independence: NASDAQ Criteria.