Quotes about Clawback

1. The population of eligible restatements continues to decline, perhaps because the decision of whether to make the kind of restatement that qualifies for a clawback is based on subjective criteria.

   In Rarely Enforced SEC Rules do Little to Fight Earnings Manipulation

2. Without transparency, it is impossible to know if a clawback policy is being used or if it is being used effectively.

   In New York City Wants to Know When JPMorgan Takes Back Executive Pay

3. However, under the Dodd-Frank rules, the clawback policy will be triggered by any financial restatement, even if no fraud or misconduct occurred.

   In Clawback Policies at Top Companies Need Revision: Study