Tagged: executive compensation

SEC Implements Clawback Rules

SEC Implements Clawback Rules

The “hot” regulatory and compliance issue is incentives (and conversely disincentives).  The Justice Department has launched an initiative to require compliance programs to institute clawbacks and other measures to recover bonuses and benefits from senior executives and managers that commit misconduct.  The Justice Department directed the Criminal Division to study this issue and propose additional measures to ensure that bad actors are punished financially. Right...