What Does a Clawback Policy Look Like?
Employment, Executive Compensation, Public Companies and Securities Section 954 of the Dodd_Frank Act requires national securities exchanges (meaning for instance, the NYSE, Amex and Nasdaq) to adopt rules as directed by the SEC, which rules will require issuers to develop and implement a policy providing: for disclosure of an issuer’s policy on incentive compensation that is based on financial information required […] Read more →
Record Keeping Requirements for Advisers to Private Funds
Private Equity The Dodd-Frank Wall Street Reform and Consumer Protection Act requires certain investment advisers to “private funds” to maintain certain records and file reports with the SEC... Read more →
A Compensation Plan That Didn’t Work
Banking, Employment, Executive Compensation, Public Companies and Securities HP’s Chief Executive Officer, Mark Hurd, resigned after an investigation disclosed that Hurd had a “close personal relationship” with an H-P contractor hired by the... Read more →
SEC Divided on Clawback Policies
Employment, Executive Compensation, Litigation, Public Companies and Securities Bloomberg is reporting the SEC is in a rift over clawback policies. “The U.S. Securities and Exchange Commission is divided over when to seize pay from executives who... Read more →