SEC Commissioner Peirce Issues Statement on Listing Standards for Recovery of Erroneously Awarded Compensation
October 27, 2022
October 27, 2022
WASHINGTON, Oct. 27 -- The Securities and Exchange Commission issued the following statement on Oct. 26, 2022, by Commissioner Hester M. Peirce on listing standards for recovery of erroneously awarded compensation:
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What we are doing today--implementing the statutory clawbacks mandate--is commendable. But how we are doing it--expansively, inflexibly, and impractically--is not. Accordingly, I cannot vote to adopt this rule.
Section 954 of the Dodd-Frank . . .
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What we are doing today--implementing the statutory clawbacks mandate--is commendable. But how we are doing it--expansively, inflexibly, and impractically--is not. Accordingly, I cannot vote to adopt this rule.
Section 954 of the Dodd-Frank . . .