1. Capitol Report: Clawback Rules Close to SEC Approval

    Capitol Report: Clawback Rules Close to SEC Approval

    The SEC is finally ready to finalize rules for “clawbacks”, the revocation of executives’ incentive compensation when a restatement of the financial results is required, the Wall Street Journal reports. Those clawbacks will occur when errors or misstatements cause restatements that may revise targets used to award incentive compensation, whether the mistake was intentional or not. The SEC will enforce the rules if companies do not...

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