Senate Stablecoin Bill Would Override SEC Crypto Accounting Bulletin
A bipartisan stablecoin framework rolled out on April 17, 2024, by Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) would …
Segment Reporting, AI, Commercial Real Estate are Among SEC Disclosure Review Priorities for 2024
At a conference, senior Securities and Exchange Commission (SEC) officials said that the staff will closely review several areas, including …
Incorporating New SEC Rules Into Disclosure Review Program is a Priority, Senior Official Says
A senior Securities and Exchange Commission (SEC) official said that a key priority for the Division of Corporation Finance (CorpFin) …
No Need to Change SEC Guidance on Materiality; Better Training of Application May Be Needed, Experts Say
Invited experts speaking at a meeting of the SEC’s Investor Advisory Committee (IAC) said the definition of materiality has by …
Lawmakers are Negotiating Fate of SEC Staff Accounting Bulletin on Custody of Crypto Assets
As Congress works to avoid another potential partial government shutdown to fund the rest of the federal government for fiscal …
Investor Group Asks SEC to ‘Close Loophole’ on Non-GAAP Measures and Executive Compensation
The Council of Institutional Investors (CII) pressed the Securities and Exchange Commission (SEC) to add a rulemaking project to its …
SEC Scales Back Requirements in Final Climate Disclosure Rule
Two years after proposing a landmark climate disclosure rule for public companies, the Securities and Exchange Commission (SEC) on March …
Resolution Nixing SEC Crypto Accounting Guidance Clears House Committee
The House Financial Services Committee on February 29, 2024, advanced a bipartisan measure to eliminate a 2022 SEC staff accounting …
Marcum Partner Sues SEC to Block ‘Unconstitutional’ Administrative Enforcement Action
Marcum LLP partner Edward Hackert on February 27, 2024, asked a US district court to block the SEC’s administrative action …
Judge Rejects Audit Firm’s Bid to Halt Discovery in SEC Independence Case
A federal judge on February 22, 2024, denied Prager Metis CPAs LLC’s request to stay discovery as it seeks to …