Lawmakers Grapple with Ramifications of Delisting Chinese Companies
Lawmakers during an October 26, 2021, House Financial Services subcommittee hearing mulled over the ramifications of delisting U.S.-traded Chinese companies …
Gensler Prefers Corporate Climate Change Disclosure in Annual Reports
SEC Chair Gary Gensler would prefer that climate change disclosures be placed in the annual reports on Form 10-K. This means …
IS PCAOB in Limbo as SEC Drags Its Feet in Naming Board Members?
More than four months after SEC Chair Gary Gensler said he would seek to fill all five voting members of …
Senate’s SEC Budget Removes Political Spending Rule Block
The Senate Appropriations Committee on October 18, 2021, released a current-year budget for financial regulators that would fund the SEC …
House Bill Would Create New ‘Micro-Offering’ Exemption
The top Republican on the House Financial Services Committee on September 30, 2021, introduced legislation to create a new “micro-offering” …
SEC Official: We hear You on Requests for FASB Accounting Standard-Setting on Crypto
When the FASB put out an agenda request in the summer, hundreds have asked the accounting standard-setter to tackle accounting …
House Republican Accuses SEC of Ignoring GOP Request for Materials on Duhnke Firing
A senior Republican on the House Financial Services Committee on October 5, 2021, accused the SEC of ignoring a GOP …
‘Big Increase’ in Consultation Request Following Auditor Independence Rule Changes, Senior SEC Official Says
When the SEC led by then-Chairman Jay Clayton proposed and adopted revisions to its auditor independence rule in Rule 2-01 of Regulation S-X, …
House Panel To Discuss Speedier Delisting for U.S.-Listed Chinese Companies
A House Financial Services subcommittee in October will discuss a draft bill to hasten a delisting deadline for public companies …
SEC Proposes Increased Proxy Vote Reporting by Investment Mangers
The SEC on September 29, 2021, voted 4 to 1 to issue a proposal that would increase the reporting of …