PCAOB Modernizes Audit Standard for Confirmation
The Public Company Accounting Oversight Board (PCAOB) on Sept. 28, 2023, voted unanimously to adopt a new standard that modernizes …
Investor Panel Recommends SEC to Increase Workforce Disclosure Requirement
The Securities and Exchange Commission’s Investor Advisory Committee (IAC) unanimously voted to recommend the commission write a rule that requires …
PCAOB Proposes Rule Revision to Increase Auditor Accountability
The Public Company Accounting Oversight Board (PCAOB) on Sept. 19, 2023, issued a proposal intended to more effectively deter auditor …
PCAOB Schedules Vote to Issue Proposed Rule on Contributory Liability for Audit Firm Violations
The Public Company Accounting Oversight Board (PCAOB) scheduled a public meeting for Sept. 19, 2023, to consider issuing a proposal …
At Hearing, Senate Democrats Step up Calls for SEC to Wrap up Climate Rules
Senate Democrats on Sept. 12, 2023, stepped up pressure on SEC Chair Gary Gensler to wrap up the commission’s sweeping …
Institutional Investors Once Again Urge SEC to Write Rule on Non-GAAP Measures for Executive Pay
The Council of Institutional Investors (CII) reiterated its request asking the Securities and Exchange Commission to write a rule that …
Regulators Put Long Overdue Dodd-Frank Incentive Compensation Rulemaking on Short-Term Agenda
When the SEC in mid-June unveiled its semi-annual update to the rulemaking agenda, an unfinished Dodd-Frank executive compensation rule was …
SEC Adopts Sweeping Rules for Private Fund Advisers
The Securities and Exchange Commission on Aug. 23, 2023, adopted new rules that increase the regulation of private funds. Under …
SEC Plans to Finalize 30 Proposed Rules in Near Term
When the Securities and Exchange Commission’s semiannual update to its rulemaking agenda was unveiled in mid-June 2023, there were 37 …
SEC Pauses Action Against Marcum Partner as Supreme Court Weighs Administrative Judge Constitutionality
The SEC on Aug. 7, 2023, indefinitely postponed its administrative action against a Marcum LLP partner while the Supreme Court …