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 …
Bowing to Pressure, SEC Extends Comment Period for Climate Change Rule Proposal
After intense pressure from numerous industry groups and dozens of lawmakers, including Democratic members, about the relatively short comment period …
House Republicans Seek Full SEC Hearing Amid ‘Scorched Earth’ Rulemaking Push
Top Republicans on the House Financial Services Committee on May 5, 2022, urged Chair Maxine Waters to immediately call a …
New PCAOB Leaders Set Ambitious Standard-Setting Priorities
Taking a sharp turn, the new PCAOB leadership has put back some projects on the standard-setting and research agendas that …