15 U.S.C. § 78j–4 — Recovery of erroneously awarded compensation policy

(a) Listing standards — The SEC must direct national exchanges and associations, by rule, to bar listing any issuer's security if the issuer doesn't follow this section's requirements. (b) Recovery of funds — The SEC's rules must require every issuer to adopt and follow a policy that: (1) discloses the issuer's policy on incentive-based pay tied to financial information the securities laws require it to report; and (2) requires that, if the issuer has to prepare an accounting restatement because it materially failed to follow a financial reporting requirement, the issuer will recover — from any current or former executive officer who received incentive-based compensation (including stock options) during the three-year period before that restatement was required — any amount above what that officer would have been paid under the corrected, restated numbers.