Introduction to Retention: “Clawing Back” the Layers of Information about Clawbacks
The Emergency Economic Stabilization Act of 2008 and the Dodd-Frank Act of 2010 both came out of the economic crisis of 2008, and each of them created spaces for clawback provisions to be enforced due to accounting errors or abuses. It is important to keep these statutes in mind when crafting clawback policies.