Lane Quoted on Tough Comp Rules Anticipated Under Dodd-Frank
11 January 2012Massachusetts Lawyers WeeklyNews
Massachusetts Lawyers Weekly
Foley Partner Roger Lane discussed the executive compensation “clawback” rules that will be adopted by the Securities and Exchange Commission under the broadening scope of the Dodd-Frank Act in 2012. Lane questioned whether the new rules will allow traditional indemnification for executives to continue under Dodd-Frank, and pointed out that good accounting practices may help companies retain talent and protect shareholders by limiting their exposure to clawback statutes.