Is SEC Making Audit Regulatory Board Too Political?
When SEC Chair Gary Gensler in early June 2021 abruptly fired embattled PCAOB Chairman William Duhnke and said all five …
Is EU’s Move to Set Sustainability Standards Ruining International Cooperation?
As the IFRS Foundation is working to establish the International Sustainability Standards Board (ISSB), many, including some SEC commissioners, expressed …
ESG, SPAC Among Fiscal 2021 Priorities for SEC Investor Advocate
Environmental, social, and governance (ESG) disclosure will be the top policy priority for SEC Investor Advocate Rick Fleming in fiscal …
GOP Bill Would Require Annual Review of Financial Regulatory Guidance
A House Republican has filed legislation that would require financial regulators to review, and possibly scrub, guidance with a significant …
Accounting Profession Says SEC ESG Rulemaking Should Leverage Work Done By Private Standard-Setters
Judging by comment letters filed with the SEC, the accounting profession seems to be coalescing around an environmental, social, and …
Top Financial Services Republican Seeks Documents from SEC, PCAOB on Duhnke Firing
Rep. Patrick McHenry of North Carolina, the top Republican on the House Financial Services Committee, on June 29, 2021, sought …
Gensler Wants Shortened Deadline for Large Shareholder Ownership Disclosure
SEC Chair Gary Gensler during a conference said that he has directed staff to come up with a draft proposal …
Senate Passes Bill to Accelerate Delisting Deadline for U.S.-Listed Chinese Companies
The Senate on June 22, 2021, passed a bill to move up by one year the congressionally-mandated deadline to delist …
Gensler Quietly Drops Quarterly Reporting from SEC Rulemaking Agenda
SEC Chair Gary Gensler quietly dropped a controversial Trump-era rulemaking related to the nature, content, and timing of quarterly financial …
SEC Chair Gensler Puts Almost 50 Rulemaking Items on Near-Term Agenda
Along with starting some predictable new rulemaking projects, such as disclosure of climate change, SEC Chair Gary Gensler is planning …