SEC Fines Deloitte China for Audit Failures
The U.S. Securities and Exchange Commission on Sept. 29, 2022, charged Deloitte Touche Tohmatsu Certified Public Accountants LLP in China …
House Republicans, Emboldened by EPA Ruling, Press SEC Chair to Justify Agenda
The top Republicans on three House committees on Sept. 22, 2022, released a letter to SEC Chair Gary Gensler demanding …
Other Regulators are Discussing Implications of SEC Staff Accounting Bulletin on Crypto Safeguarding Activities
In response to a question at a conference about whether the Public Company Accounting Oversight Board is thinking about providing …
Investor Advisory Committee Recommends SEC to Review Current Accounting Standard-Setting Practices
The Securities and Exchange Commission’s (SEC) Investor Advisory Committee (IAC) on Sept. 21, 2022, unanimously voted to recommend that the …
Senate Bill Would Force Large Private Companies to Register with SEC
Sen. Jack Reed of Rhode Island and two other Senate Democrats have filed legislation that would establish new SEC registration …
More Executives Could See Their Compensation Tied to ESG Goals if SEC Finalizes Climate Disclosure Rules
Company executives will increasingly have another thing to worry about when it comes to how their compensation is calculated: how …
SEC Acting Chief Accountant Highlights Financial Reporting Areas to Keep in Mind During Uncertain Economic Times
During a conference, SEC Acting Chief Accountant Paul Munter provided some important reporting areas that banks especially should consider when …
SEC Enforcement Director Cites ‘More Intentional’ Shift in Articulating Crypto Analysis
SEC Enforcement Director Gurbir Grewal on Sept. 9, 2022, said the commission is being “much more intentional in our public …
Former SEC Commissioner Atkins Questions Staff on ‘Regulation Through Enforcement’ on ESG Fund Rules
Former SEC Commissioner Paul Atkins pressed staffers in the Division of Investment Management (IM) on whether there will be more …
House Democrat Presses SEC Chair Gensler, Others on Crypto Fraud
Rep. Raja Krishnamoorthi in a flurry of Aug. 30, 2022, letters questioned the SEC, other financial regulators, and digital asset …