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NYSE and Nasdaq Release Their Proposed Clawback Rule for Listed Companies
Bryan Cave Leighton Paisner LLP
[Guidance Overview] Feb. 28, 2023 "Each listed company must adopt the recovery policy required by the proposed rule within 60 days after approval of the final rule by the SEC. Each listed company must comply with its Recovery Policy for all incentive-based compensation received by executive officers on or after the Effective Date that results from attainment of a financial reporting measure based on or derived from financial information for any fiscal period ending on or after the Effective Date." |
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