Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
Nova 401(k) Associates
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|A Plain English Guide to the Compensation Clawback Rules|
July 23, 2015
"As accounting restatements occur relatively infrequently, and the severity is often modest, the proposed 'clawback' rules represent more of a 'check the box' compliance activity than a real enforcement threat. [Here is a brief summary of the rules:] When to comply? ... What compensation is covered? ... What executives are covered? ... What must be recovered? ... How is it recovered? ... When is a restatement required?"
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