GOP Senators Demand SEC Withdraw Guidance on Crypto Platform Accounting
A group of Republican senators on June 15, 2022, asked the SEC to withdraw its late March staff accounting bulletin …
Unanimous PCAOB Adopts Standards to Strengthen Lead Auditor’s Supervision of Other Auditors
Several years after first issuing a proposal, the PCAOB on June 21, 2022, unanimously voted to adopt a standard that …
Beyond Jarkesy, SEC Administrative Proceedings Face Attacks on Multiple Fronts
The Fifth Circuit’s decision in Jarkesy v. SEC may not be the death blow to the SEC’s enforcement regime it’s …
Senate Confirms Two New SEC Commissioners
The Senate on June 16, 2022, unanimously confirmed Jaime Lizárraga and Mark Uyeda to serve as SEC commissioners. Both are …
Will SEC Proposal on Workforce Include Accounting Requirement?
The SEC has been working on a rule proposal that is intended to increase the amount of information public companies …
SEC Charges Software Company for Improper Accounting
The SEC on June 7, 2022, said that it charged software company Synchronoss Technologies, Inc., for improper accounting of revenues …
Sens. Lummis, Gillibrand Roll out Long-Awaited Crypto Framework
Sen. Cynthia Lummis, a Wyoming Republican, and Kirsten Gillibrand, a New York Democrat, on June 7, 2022, introduced a sweeping …
Refreshed PCAOB Agenda Items are ‘Oldies but Goodies,’ Says Founding Member
Early reaction to the PCAOB’s new standard-setting and research agendas has been positive. “I just thought this was a good …
OTC Markets Group Seeks to Broaden Venture Exchange Bill
OTC Markets Group is seeking to broaden a venture exchange bill, arguing the measure as currently structured excludes non-exchange markets …
Will SEC be Able to Finalize Climate Proposal By Year-End?
The SEC discusses an effective date of December 2022 as an example in its landmark proposal on corporate disclosure of …