Public Companies - Clawback Policy for Accounting Restatements Expected in 2012

In the first half of 2012, the Securities and Exchange Commission is expected to issue new rules requiring public companies to implement a clawback policy mandating the recoupment of certain incentive-based compensation that was awarded to executive officers if there is an accounting restatement due to material noncompliance with financial reporting requirements under the . . . → Read More: Public Companies – Clawback Policy for Accounting Restatements Expected in 2012

Final Dodd-Frank Whistleblower Rules Adopted by SEC

On May 25, 2011, the SEC issued final rules governing the new whistleblower bounty program mandated by last year’s Dodd-Frank financial reform law.  Under the new rules, if a whistleblower provides information to the SEC regarding federal securities law violations that leads to a successful enforcement action against a company of $1 million or . . . → Read More: Final Dodd-Frank Whistleblower Rules Adopted by SEC