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 …
Ukrainian Group Ask SEC for Corporate Disclosure Rule Related to Russian Invasion
The Ukrainian American Bar Association petitioned the SEC to write a rule that would require public companies to disclose their …
SEC Getting Lots of Questions on Assurance Part of Climate Proposal, Senior Official Says
When the SEC issued a landmark disclosure proposal on climate change a month ago, there were tiered and complex requirements …
Elon Musk, Mark Cuban, and Others Urge Supreme Court to Review SEC Gag Policy
Billionaires Elon Musk and Mark Cuban, free-market think tanks, constitutional scholars, and others on April 22, 2022, urged the Supreme …
Stericycle to Pay More Than $84 Million to Settle Latin America Bribery Charges
Stericycle, Inc. will pay more than $84 million to resolve Foreign Corrupt Practices Act (FCPA) charges, as well as charges …
FASB Staff Seeking Public Feedback on Three Proposed Taxonomy Implementation Guides
FASB staff is seeking public comment about three proposed taxonomy implementation guides that model accounting changes, Chapter 11 reorganizations, and …
Chair Gensler Says More SEC Cybersecurity Rule Proposals in the Works
The SEC has already issued a couple of proposals related to cybersecurity in the past two months, but more are …
Securities Lawyers, Commissioner Peirce Say SEC Rule Proposal is Chilling SPAC Market
Securities lawyers say the SEC’s rule proposal on special purpose acquisition companies (SPACs) is likely to put a damper on …