The Securities and Exchange Commission approved a rule Wednesday that requires public companies whose financial statements contain errors to recoup their executives’ bonuses and other incentive pay.

National securities exchanges must adopt listing standards that require listed companies to adopt, disclose and enforce a “compensation recovery policy” that does all of the following: Claws back ...

Nasdaq and the New York Stock Exchange (NYSE) have submitted their respective proposed rules regarding a “compensation recovery policy” that would apply to exchange-listed companies regardless of size ...

Executives at companies that misreport finances will lose their bonuses under a new rule adopted by the Securities and Exchange Commission yesterday (Oct. 26). The rule, which is set to take effect in ...