Rolling Back Dodd-Frank: Investors’ and Banks’ Responses to Financial Market Deregulation

By Michael H.R. Erkens and Ying Gan June 29, 2022 by Michael H.R. Erkens and Ying Gan

In the wake of the 2007-2008 financial crisis, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Dodd-Frank created a new financial regulatory landscape with intensified federal oversight and an extensive set of regulations on banks, …

The Consequences of Strong v. Weak Clawback Provisions

By Michael H.R. Erkens and Ying Gan July 18, 2018 by Michael H.R. Erkens and Ying Gan

Clawback provisions authorize firms to recoup compensation from executives upon the occurrence of financial restatements or executive misbehavior. The first clawback provision in U.S. federal law was Section 304 of the Sarbanes-Oxley Act of 2002 (SOX 304). SOX 304 requires …

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Michael H.R. Erkens and Ying Gan

Rolling Back Dodd-Frank: Investors’ and Banks’ Responses to Financial Market Deregulation

The Consequences of Strong v. Weak Clawback Provisions