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SEC Adopts Rules on Clawback of Executive Compensation
Ropes & Gray LLP 
[Guidance Overview] Oct. 28, 2022 "Recovery of erroneously awarded compensation is required under the new rule regardless of any misconduct by an executive officer in connection with the error that triggers the restatement. In addition, the new rule prohibits issuers from indemnifying their current or former executive officers against the loss of erroneously awarded compensation. A listed issuer will be required to file its clawback policy as an exhibit to its annual report and to disclose certain information about compliance with its policy," |
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