...Xin Zheng ABSTRACT The Dodd-Frank Act allows the SEC to choose either an administrative proceeding or a federal court as an enforcement venue for resolving violations of federal securities laws. I examine determinants and consequences of the SEC's choice of enforcement venue after the Dodd-Frank...

... been convicted of criminal fraud ( Markham 2007 ). As a result, Section 954 of the Dodd-Frank Act was introduced to provide a modified approach to clawback enforcement. Specifically, all firms must adopt a policy, both error and fraud restatements can trigger a clawback, all current and former...

... security issuers with higher credit ratings. In response, the Dodd-Frank Act of 2010 required the Securities and Exchange Commission to conduct a study on alternative models for compensating CRAs. We conduct an experiment exploring how the credit ratings of M.B.A. students, who assume the role of credit...