The Advisors' Blog

Yesterday, the SEC’s final Dodd-Frank clawback rules were published in the Federal Register. that means the rules will have an effective date of January 27, 2023.

As I blogged when the SEC adopted these rules, the Federal Register publication also starts the 90-day clock for the exchanges to propose listing standards. The effective date for those listing standards can be as late as November 28, 2023. Companies will have 60 days following the listing standard effective date to adopt a compliant recovery policy – which would put us at January 2024.

– Liz Dunshee