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15 U.S.C. § 7243

Forfeiture of certain bonuses and profits

United States · Title 15 — COMMERCE AND TRADE · Status: effective

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15 U.S.C. § 7243, Forfeiture of certain bonuses and profits, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/442349
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Full text

If an issuer is required to prepare an accounting restatement due to the material noncompliance of the issuer, as a result of misconduct, with any financial reporting requirement under the securities laws, the chief executive officer and chief financial officer of the issuer shall reimburse the issuer for— The Commission may exempt any person from the application of subsection (a), as it deems necessary and appropriate.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.