Statement On The Final Rule Related To Listing Standards For

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 (&ldquo;Section 954&rdquo;) by directing the exchanges to establish listing standards for the recovery of compensation erroneously awarded to management, generally referred to as &ldquo;clawbacks.&rdquo;</span><span>&nbsp;I have several objections to how the Commission is implementing Section 954.</span></p>

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