Trump’s Nomination of SEC Chairman Clayton For US Attorney Raises Many Questions With Few Answers
By Soyoung Ho With the abrupt ouster of U.S. Attorney for the Southern District of New York (SDNY) Geoffrey Berman, …
Unions, Activist Groups Call for Greater COVID-19 Disclosures
By Bill Flook In a June 16, 2020, letter to the SEC, a coalition of unions, activist groups, academics, and …
Accounting Firms Ask Regulators for Clarification on Auditors’ Role in Proposal About Q4 Data
By Soyoung Ho Large accounting firms in comment letters asked the SEC to work with the PCAOB on what the …
Appeals Court Tosses SEC’s Maker-Taker Pilot
By Bill Flook The SEC acted outside of its authority in implementing a pilot program testing the effects of restricting …
President Trump Criticizes Chinese Firms’ Refusal to Follow Audit Rules, Seeks Solutions
By Soyoung Ho President Donald Trump is ratcheting up pressure on Chinese authorities to allow U.S. regulators to inspect China-based …
Relax, Investors; There is No ‘EBITDAC’ Pandemic
By Soyoung Ho Is “EBITDAC”—short for earnings before interest, taxes, depreciation, amortization, and coronavirus—a thing that investors now have to …
State Securities Regulators Ask Congress for Private Market Reforms, SEC Rulemaking Pause
By Bill Flook The president of the North American Securities Administrators Association (NASAA) on May 26, 2020, urged lawmakers to …
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 …