Davis Polk Discusses NYSE and Nasdaq Clawback Rule Proposal
Reynolds Holding
MARCH 1, 2023
On February 22, 2023, the New York Stock Exchange and the Nasdaq Stock Market released their respective versions of a proposed rule that implements the SEC’s clawback rule mandated by Section 954 of the Dodd-Frank Act. Financial reporting measures also include stock price and total shareholder return (TSR).
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