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 …
Industry Groups Seek Bank Exemption from SEC Guidance on Crypto Platform Accounting
The Securities Industry and Financial Markets Association (SIFMA) and Bank Policy Institute (BPI) on May 19, 2022, said regulated banks …
SEC Nominees Lizarraga, Uyeda Cruise Through Banking Panel Hearing
SEC nominees Jaime Lizárraga and Mark Uyeda emerged from a Senate Banking Committee hearing having said little of substance, but …
Deloitte’s Controls Expert Shares Tips on Sarbanes-Oxley for New Public Companies
Last year, 2021, was a record year with about 1,030 companies doing initial public offering (IPO) transactions and special purpose …