SEC Adopts Final Clawback Rule

The Securities & Exchange Commission on Wednesday adopted a new rule requiring companies to recoup “erroneously awarded” incentive-based compensation after filing a restatement to correct inaccurate financials. It also goes a step further than what was initially proposed in 2015 by including both “Big R’” and “little r” restatements as potential clawback triggers under these… Continue reading SEC Adopts Final Clawback Rule