The SEC has announced that, beginning July 1, 2015, it will release “no-review” letters to the general public through the EDGAR system. Before this announcement, these letters were only available through Freedom of Information Act requests. The SEC Division of … Continue reading
Monthly Archives: August 2015
Clawbacks after Financial Restatements
In a recent move, the SEC adopted a controversial regulation that extends clawback provisions for U.S. public companies that face significant restatements. Under the old rule, companies could reclaim compensation paid to key executives based on incorrect financial statements, but only … Continue reading