House Republicans Ask SEC, CFTC to Launch Digital Asset Group
The top Republicans on the House Committee on Financial Services and Committee on Agriculture in a August 16, 2021, letter …
Who Should Provide ESG Assurance?
Compounding an already complicated question related to a potential requirement for standardized environmental, social, and governance (ESG) reporting is who …
After Years of Congressional Block, SEC Political Spending Rules Finally in Sight
The House in early August passed an appropriations package that would jettison a persistent Republican rider, one that for years …
SASB Founder Criticizes SEC Commissioner Allison Lee’s View on Materiality
The founder of Sustainability Accounting Standards Board (SASB) during an event last week criticized SEC Commissioner Allison Herren Lee’s stance on materiality. …
SEC Chair Gensler Asks Congress for Power to Regulate Crypto Trading, Decentralized Finance
SEC Chair Gary Gensler, in an August 5, 2021, letter responding to Sen. Elizabeth Warren, urged lawmakers to grant the …
Swift Change in SEC Enforcement Under Biden Administration
“Change came swiftly” at the SEC during the first six months under the Biden administration; yet this is only just …
SEC Budget Clears House
The House on July 29, 2021, voted 219 to 208 to pass a minibus package of seven appropriations bills that …
Two Former Chairman Dispute Claims that FASB Does Not Have Enough Investor Representation
Two former FASB chairmen in recent interviews pushed back against claims by some investor and reform groups that the accounting …
SEC Seeks Extra Disclosures for Chinese Listings
SEC Chair Gary Gensler said in a statement that he has directed staff to seek certain disclosures from offshore issuers associated …
PCAOB Likely to Take a Sharp Turn Under Gensler’s SEC Oversight
While it is difficult to say exactly what the PCAOB’s priorities will be with William Duhnke gone as its chair …