Subject: File No. S7-12-15
From: Karen Marlatt

October 30, 2021

If bonuses or incentives are for performance, then the amount given should be refunded proportionately to the restatement. Leaving it open for a broad range leaves room for abuse as people can file statements with the intent to revise them if there isn't a claw-back requirement. In the event of a bankruptcy, there awards should be recovered from executives and returned to the shareholders.