Denying Claims of Unlawful Termination, PCAOB Countersues Former Senior Officer
The PCAOB and its chairman William Duhnke countersued Sue Lee, a former senior officer of the audit regulatory board who …
Senate GOP Bill Would Require New SPAC Disclosures
Sen. John Kennedy, a Louisiana Republican, on April 29, 2021, introduced legislation directing the SEC to impose new disclosure rules …
House Financial Services Committee to Tackle SPAC Frenzy
A House Financial Services subcommittee on May 24, 2021, will examine the recent proliferation of special purpose acquisition companies (SPACs) …
Institutional Investors Urge SEC Chair Gensler to Name Chief Accountant who Understands Investors Needs
In a letter to new SEC Chair Gary Gensler, the Council of Institutional Investors (CII) urged him to appoint a …
SEC Restarts Universal Proxy Rulemaking Opposed by Business Groups
Four and a half years later, the SEC is formally restarting its project to draft a universal proxy rule for contested director elections, …
Group Tells SEC Chair Gensler that Accounting Standard-Setter is Ignoring Investor Views
A group of investment analysts who are well-versed in accounting renewed its call on the need to make changes at …
House Financial Serves Committee Advances ESG Bills
The House Financial Services Committee voted on April 21, 2021, to advance bills to broaden corporate disclosure requirements on political …
Former PCAOB Advisers Urge SEC Chair Gensler to Reform Audit Regulatory Board
A dozen former members of the PCAOB’s now-abolished Investor Advisory Group (IAG) urged new SEC Chair Gary Gensler to restore …
A Conversation with SASB Member Daniel Goelzer
The following is an April 8, 2021, telephone conversation with Daniel Goelzer, a standard-setting member of the Sustainability Accounting Standards …
Financial Reform Group Calls for Changes to 13F Reporting, Family Office Exemption Following Archegos Collapse
Americans for Financial Reform (AFR) urged the SEC to beef up disclosure requirements on Form 13F and revisit an exemption allowing certain …