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Dodd Frank
Aug. 1, 2011
Michael Brozzetti, CIA, CISA, CGEIT
answered this question
What are the 'clawback' provisions in the Dodd-Frank act?
The Sarbanes-Oxley Act introduced the concept of 'clawbacks,' which are designed to accomplish recouping incentives paid to executive officers in the event of any financial restatement based on executive misconduct. Dodd-Frank essentially has required companies to both adopt and disclose the company 'clawback' policies. I ... more
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