House Financial Services Committee to Tackle SPAC Frenzy
A House Financial Services subcommittee on May 24, 2021, will examine the recent proliferation of special purpose acquisition companies (SPACs) …
A Conversation with SASB Member Daniel Goelzer
The following is an April 8, 2021, telephone conversation with Daniel Goelzer, a standard-setting member of the Sustainability Accounting Standards …
Senate Banking Committee to Hold Hearing on Climate Risk
The Senate Banking Committee is slated to hold a March 18, 2021, hearing on the systemic financial risks posed by …
Rep. Sherman Calls for ‘Numerical’ ESG Standards
Rep. Brad Sherman, chair of the House Financial Services Committee’s influential Subcommittee on Investor Protection, Entrepreneurship and Capital Markets, on …
Global Rulemaker to Propose Revisions to Management Commentary in April
The IASB plans to issue a proposal in April to revise the management commentary practice statement, a guide for how …
Rep. Sherman to Remain Chair of Key House Financial Services Subcommittee
Rep. Brad Sherman, a California Democrat, will maintain his role as chairman of the House Financial Services Committee’s influential Subcommittee …
PCAOB Member Brown to Leave
By Soyoung Ho PCAOB member Jay Brown, who has been a strong investor advocate at the audit regulatory board, will …
‘Long Overdue’ Anonymous Shell Company Reforms Move Forward
By Bill Flook Proponents of cracking down on the use of anonymous shell companies cheered the Senate’s December 11, 2020 …
Senate Banking Committee Makeup to Shift with McSally, Jones Defeats
By Bill Flook One Republican and one Democrat on the Senate Banking Committee have lost their reelection bids, leaving two …
Pandemic May be Leading More People to Get Professional Certifications
By Soyoung Ho The COVID-19 pandemic may be spurring more people to try to get professional certifications even as business …