Bonus or incentive pay and the SEC.
Not what you're looking for?
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?
Purchase this Solution
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.
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 ...
Purchase this Solution
Free BrainMass Quizzes
Paradigms and Frameworks of Management Research
This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Basics of corporate finance
These questions will test you on your knowledge of finance.
Lean your Process
This quiz will help you understand the basic concepts of Lean.
Balance Sheet
The Fundamental Classified Balance Sheet. What to know to make it easy.