Heads Up — SEC Adopts Final Rule on “Clawback” Policies

Published on: 14 Nov 2022

This Heads Up discusses the SEC’s recently issued final rule Listing Standards for Recovery of Erroneously Awarded Compensation. The objective of the final rule is to ensure that executive officers do not receive “excess compensation” if the financial results on which previous awards of compensation were based are subsequently restated because of material noncompliance with financial reporting requirements.

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