Today, we have seen a dramatic increase in women in the judiciary. An unprecedented one-third of the Supreme Court justices are women, all of ...
The Dodd-Frank Act was designed to strengthen our financial system, and the Commission has furthered that goal both through our implementation of the statute and ...
The financial crisis, however, brought into sharp focus the tremendous risks and costs associated with a protracted settlement cycle. The need to better manage risks ...
First, the Commission should consider revising Regulation ATS to make it applicable to alternative trading systems that trade Treasuries exclusively. In addition, the Commission should ...
"We are in contact with NYSE and are closely monitoring the situation and trading in NYSE-listed stocks. While NYSE is working to resolve the situation, ...
Recovery would apply to incentive-based compensation that is based on either accounting-related metrics or stock price and total shareholder return metrics. There are differing ...
Incentive-based compensation plans are intended to align the interests of company managers and shareholders. However, when a company is required to issue a restatement, ...
The third devil is that the scope of the required compensation to be clawed back includes compensation based on financial reporting metrics as well as ...
As I said previously, "a properly designed clawback rule could yield real benefits to shareholders." In my view, such a clawback policy would be straightforward ...
The financial crisis had a wide range of causes and has required a wide range of reforms. Some public company executives pocketed hefty sums, not ...