Issuers that have been scrambling to prepare their boards and executives for accelerated implementation of compliant Dodd-Frank clawback policies will be glad to hear that the NYSE and Nasdaq have filed amendments to their proposed clawback rules to extend the effective date that would apply if the proposals are approved until October 2, 2023. If approved, the amendments would give listed companies until December 1, 2023 (60 days after the effective date of the rules) to adopt a compliant Dodd-Frank clawback policy.
Kristina Trauger advises publicly traded companies, investment banks and sponsors in a wide range of complex corporate transactions, including securities offerings, strategic investments and mergers and acquisitions. She also advises clients on corporate governance, securities compliance and SEC reporting matters.
Kristina regularly partners with clients in connection with the going public process and various types of securities financings, including initial public offerings, follow-on offerings, at-the-market offerings, SPACs, private placements and investment grade and high-yield bonds.
Kristina represents clients in a wide range of industries in the U.S. and internationally, including technology, fintech, consumer retail products, hospitality, energy, healthcare and biomedical technology.