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    Bonus or incentive pay and the SEC.

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    The SEC has the authority under Sarbanes-Oxley, to freeze the payment of an extraordinary payment to any director, officer, partner, or employee during an investigation of possible violations of securities laws.

    Do you believe the provisions need to be strengthened to include forfeiture or reimbursement of any bonus or incentive-based compensation?

    © BrainMass Inc. brainmass.com June 4, 2020, 1:23 am ad1c9bdddf
    https://brainmass.com/business/motivation-in-organizations/bonus-incentive-pay-sec-397236

    Solution Preview

    I would say that under all conditions, yes, they should be forced to reimburse the company for their bonuses.

    If the results of the investigation determine that there were, in fact, violations that took place, it should then be mandated by the SEC with no exception that all ...

    Solution Summary

    The solution provides a detailed discussion examining if the provisions need to be strengthened to include forfeiture or reimbursement of any bonus or incentive-based compensation when a company is under SEC investigation.

    $2.19

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