As accounting restatements occur relatively infrequently, and the severity is often modest, the proposed “clawback” rules represent more of a "check the box" compliance activity than a real enforcement threat....more
7/24/2015
/ Board of Directors ,
Clawbacks ,
Compensation Committee ,
Compliance ,
Corporate Officers ,
Disclosure Requirements ,
Executive Compensation ,
Financial Statements ,
Form 8-K ,
Former Directors ,
Pay-for-Performance ,
Performance Incentives ,
Securities and Exchange Commission (SEC) ,
Shareholders
In Chief Counsel Advice 201518013 (May 1, 2015) (the "CCA"), the IRS addresses an executive retention bonus that originally vested after three years and was payable in equal installments on the first two anniversaries of the...more