To the Point - SEC proposes requiring ‘clawback’ policies and disclosures

9 Jul 2015 PDF
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Publications To the Point

Overview

The SEC proposed a rule that would direct national securities exchanges to establish listing standards that would require companies to claw back incentive-based compensation received by current and former executive officers during the three years preceding an accounting restatement. The proposal would apply to all listed companies except for certain registered investment companies. Comments will be due 60 days after the proposal is published in the Federal Register.

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