May. 13, 2023
Securities and Exchange Commission Official Comment File Number SR-NASDAQ-2023-005, I commend you for SEC’s new rule allowing for the clawback of executive compensation, including pay, bonuses, and profits from stock sales; this is absolutely needed and imminently reasonable. As a 70 year-old woman, I have long been appalled by the huge compensation given to executives even when their companies do badly or fail. This was a system that badly needed correction - it rewarded incompetence, irresponsibility and greed. Compensation should be tied to job performance, as it is in almost all other fields. I STRONGLY support this rule and urge the SEC to be ready to immediately implement it and begin clawbacks that very day. Thank you very much for this important new rule! Sincerely, Grace Holden