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Statement On The Final Rule Related To Listing Standards For Recovery Of Erroneously Awarded Compensation, SEC Commissioner Mark T. Uyeda Oct. 26, 2022

<p><span>Today, the Commission is voting on a recommendation to adopt rules implementing Section 954 of the Dodd-Frank Act (“Section 954”) by directing the exchanges to establish listing standards for the recovery of compensation erroneously awarded to management, generally referred to as “clawbacks.”</span><span> I have several objections to how the Commission is implementing Section 954.</span></p>
Chyhe Becker Jessica Barberich Steve Hearne Al Sheen Divisions Of Corporation Commission Final Rules Are Overly Broad

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