In response to the growing number of corporate scandals of the early 2000s, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Dodd-Frank requires all privately held companies to enact executive compensation policies under which employers could recover any and all incentive-based compensation paid out to executives during the previous three years when company financial reports or performance were restated or revised. Group of answer choices True False

Answer rating: 100% (QA)

True The DoddFrank Wall Street Reform and Consumer Protection Act of 2010 indeed mandated that all publicly traded companies establish executive compe... View the full answer