SEI Investments Company Addresses Nasdaq Listing Compliance

Sei Investments Company (SEIC) has released an update to notify the public and investors about listing compliance status.

SEI Investments Company informed Nasdaq on February 1, 2024, that it had failed to update its policy for the recovery of erroneously awarded compensation by the December 1, 2023 deadline. However, the Company has since revised its policy to align with Nasdaq Listing Rule 5608 and will ensure that future disclosures required by this rule are included in its filings with the Securities and Exchange Commission.

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For a comprehensive understanding of the announcement, you can read the full document here.