GOP Bill Seeks New Disclosure for U.S.-Listed Chinese Companies
By Bill Flook Rep. Ann Wagner, a Missouri Republican, on May 22, 2020, introduced legislation that would impose a host …
Divided SEC Scales Back Disclosure for Business Combination
By Soyoung Ho The SEC on May 21, 2020, said it has voted to scale back corporate disclosure requirements in …
Dem Relief Package Would Require SEC IG to Report on Rulemaking, Oversight
By Bill Flook The HEROES Act, a $3 trillion coronavirus relief package proposed this week by House Democrats, contains a …
Trump ‘Looking at’ Forcing U.S.-Listed Chinese Companies to Follow Audit Requirements
By Bill Flook President Donald Trump, in a May 14, 2020, interview on Fox Business, said his administration is “looking at” …
Challenges in Pandemic: Assessing Corporate Solvency
By Soyoung Ho With unprecedented economic challenges in modern American history because of the COVID-19 pandemic, corporate accountants and auditors …
SEC Relief Allows Small Businesses to Raise Capital More Quickly Under Regulation Crowdfunding
By Soyoung Ho With small businesses struggling because of the economic turmoil brought about by the COVID-19 pandemic, the SEC …
SEC Investor Advocate: Disclosure Alone Will Not Protect Investors in China-PCAOB Impasse
By Bill Flook Resolving a stand-off between U.S. audit regulators and Chinese authorities over the inspection of audits of Chinese …
SEC May Go Easy on COVID-19 Projections; Plaintiffs’ Lawyers Are Another Story
By Soyoung Ho SEC Chairman Jay Clayton and William Hinman, the top official in the Division of Corporation Finance, recently …
House Bill Would Allow FSOC to Supersede SEC, Other Regulators
By Bill Flook Two House Democrats have introduced a bill that would greatly expand the rulemaking authority of the Financial …
SEC’s Top Accountant Warns Public Companies About Importance of Financial Reporting During Pandemic
By Soyoung Ho The SEC’s top accountant warned public companies not to skimp on their efforts to provide accurate and …