May. 13, 2023
Securities and Exchange Commission Official Comment File Number SR-NASDAQ-2023-005, The SEC rule allowing for the clawback of executive compensation, including pay, bonuses, and profits from stock sales, is a much-needed reform. Publicly clawing back compensation would reassure depositors that our banking system is fair and well-regulated -- discouraging risky bets and reducing the risk of bank runs. Sincerely, Steven Kalt Steven Kalt