Navigating The SEC's Proposed Clawback Mandate

Gladstone, Hayley; Barrall, James D. C.; Baker III, William R.; Trotter, Joel H.; Chung, Alice M.; Drory, Jonathan A.
January 2016
Corporate Board;Jan/Feb2016, Vol. 37 Issue 216, p22
Trade Publication
The article reports that under the rules adopted by the U.S. Securities Exchange Commission (SEC) the U.S. publicly listed companies will have to adopt broad clawback policies and make clawback-related disclosures. It mentions that the SEC has had the authority under the Sarbanes-Oxley Act (SOX) to recover pay from chief executive officers (CEOs) and chief financial officers (CFOs) of public companies.


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