The SEC has announced settlement of enforcement actions against two companies stemming from each company’s use of separation agreements that allegedly violated Dodd-Frank whistleblower ...
Buried in a defense spending bill that clocks in at over 2,000 pages is an amendment to Section 16 of the Exchange Act that would extend its application to foreign private issuers, adding...
The NYSE and Nasdaq have amended their proposed listing standards relating to clawbacks to provide that October 2, 2023 will be the effective date, which means that listed companies will ...
Webinar
1.0 CA - General; NY - Professional Practice / Practice Management
Davis Polk is pleased to announce an upcoming webinar on the new SEC-mandated NYSE and Nasdaq clawback listing standards. Join lawyers from our Executive Compensation and Capital Markets ...
The SEC extended the deadline for the effective date of the NYSE and Nasdaq listing standards on the clawback rule mandated by the Dodd-Frank Act to at least June 2023.
On February 22, 2023, the NYSE and Nasdaq released their respective versions of a proposed rule that implements the SEC’s clawback rule mandated by the Dodd-Frank Act. Both versions hew...
On February 10, 2023, the SEC Staff issued a set of Compliance & Disclosure Interpretations (C&DIs) regarding the “pay versus performance” (PvP) disclosure rule, which covers a variet...
Davis Polk partners Kyoko Takahashi Lin and Travis Triano authored “Preparing for pay versus performance disclosure” in Practical Law. The article discusses the “pay versus performa...
Webinar
1.0 CA - General; NY - Professional Practice / Practice Management
We invite you to watch a Davis Polk webinar on the SEC’s new pay versus performance rule. Now that companies have started putting pen to paper on the required pay versus performance dis...
The SEC adopted the final “clawback rule” mandated by the Dodd-Frank Act requiring public companies to establish and enforce policies to recover excess incentive compensation from exe...