Teasing Out Clawbacks and Deferred Payment Schemes – Who Should be Held Accountable and for How Much? (Part II of III)

Michael Volkov is excited about the DOJ's and SEC's exploration of clawbacks and deferred payment compensation schemes as an alternative to criminal fines, noting that the latter mainly punish corporate shareholders without any impact on the bad actors themselves (beyond collaterally losing their jobs), because any bonuses they may have earned from their misconduct goes with them when they leave.