Senate Bill Establish Temporary SEC Safe Harbor for Crypto Exchanges
A Senate Republican on Sept. 29, 2022, introduced legislation that would create a temporary safe harbor from SEC enforcement actions …
SEC Chair Gensler Defends Fast-Paced Rulemaking
Securities and Exchange Commission Chair Gary Gensler during a conference defended the commission’s ambitious rulemaking agenda, which has about 50 …
Newly Minted FASB Rules on Supplier Finance Programs Will Reveal Financial Health of Companies
Starting next year, U.S. companies that use supplier finance programs to buy goods or services must disclose the full terms …
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 …