Lane Quoted on Tough Comp Rules Anticipated Under Dodd-Frank

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.