Joseph Dever was quoted in an article published by Reuters that discusses how the SEC said it would revive a rule left unfinished from the 2007-09 financial crisis that would require U.S.-listed companies to implement a plan to recoup executive compensation in the event they have to correct financial statements due to compliance failures. "Staff seems to be raising this remedy far more frequently now than in the past,” Joseph said.
To read the full article, click here.