SEC Stays Part of Con. Min. Rule
The Securities and Exchange Commission, in response to a federal court finding portions of its conflict mineral rule to be unconstitutional, issued a formal stay on the effective date for the portion...
View ArticleSEC Halts Illegal Reverse Merger
The Securities and Exchange Commissionannounced charges against a Toronto-based consultant and four associates for their part in an illegal Chinese reverse merger scheme. The SEC alleges that the team...
View ArticleSEC Releases Bitcoin Investor Alert
The Securities and Exchange Commission (SEC) has released an investor alert warning people that Bitcoins, the electronic currency not tied to any sovereign government, saying that investments tied to...
View ArticleSEC to Hear Big 4 China Appeal
The Securities and Exchange Commission has agreed to hear an appeal from the Big Four accounting firms of its January decision to bar their Chinese affiliates from conducting audits of U.S. public...
View ArticleJudge Denies Full Stay on Con. Min. Rule
The U.S. Court of Appeals for the D.C. Circuit has denied a motion from the National Association of Manufacturers, Business Roundtable and U.S.read more
View ArticleFew Ready for Con. Min. Disclosures
As the disclosure deadline for the SEC's conflict mineral rule draws near, companies are having a very difficult time fulfilling the requirement that they determine the source of the materials they use...
View ArticleWhen to Inform Investors of Hacks?
As the U.S. accuses Chinese hackers of stealing crucial information from companies, including trade secrets, Bloomberg reports that some of the companies targeted knew about the hacks but did not...
View ArticleIntel Releases First Con. Min. Report
Chip maker Intel is the first company to release a fully audited conflict minerals report that conforms to SEC requirements, according to the Wall Street Journal. The report, which was audited by Ernst...
View ArticleCon. Min. Reports Show N. Korea Ties
The first round of SEC conflict mineral reports, which requires that companies disclose the origins of materials used in their products, has revealed that a number of companies have used gold sourced...
View ArticleSEC to Probe High Frequency Trading
Securities and Exchange Commission Chair Mary Jo White said in a speech Thursday that the commission will launch a task force devoted to exploring regulatory possibilities connected to high-frequency...
View ArticleSEC Enforcement Still Looking Into 2008 Crisis
It's not over til it's over, according to the Securities and Exchange Commission as Chief Enforcement Officer Andrew Ceresney said that there remain a few "straggler investigations" connected with the...
View ArticleSEC Sues House Ways and Means Committee
The Securities and Exchange Commission has launched a suit against the House Ways and Means Committee and a congressional healthcare aide over their refusal to comply with a subpoena that would compel...
View ArticleFew Companies Disclose Climate Change Risk
Despite Securities and Exchange Commissionguidance reminding filers to disclose materialrisk associated with climate change, few companies bother to mention it at all, according to Bloomberg.read more
View ArticleHouse Panel Argues Immunity from Insider Trading Probe
The House Ways and Means Committee has argued, in response to a lawsuit from the Securities and Exchange Commission, that it does not have to turn documents over to the regulator relating to an insider...
View ArticlePenny Stock Soars, Auditor Baffled, SEC Halts Trades
No revenue, no assets, no problem apparently as stocks on tech company CYNK Technology went from being worth less than 10 cents a share in June to $20 Thursday morning, giving the little-known company...
View ArticleLawmakers Caution Against Letting Corps. Choose Accounting Standards
A group of 12 senators and representatives have sent a letter to the Securities and Exchange Commission saying that companies should not be able to choose whether they want to file in U.S. GAAP or...
View ArticleRetirees Lead Whistleblower Stats
Since first setting it up in mid-2011, the Securities and Exchange Commission has heard from over 6,500 people looking to take part in its whistleblower program, which offers 30 percent of any...
View ArticleSEC Looks At Insider Information Trading on the Golf Course
The latest insider trading complaints have targeted not the board room but the golf course as the Securities and Exchange Commission applies more scrutiny to the informal exchange of business...
View ArticleSEC Launches Municipal Adviser Examination Initiative
CPAs who advise municpal governments may be examined by the the Securities and Exchange Commission sometime over the next two years as part of a new initiative launched to ensure compliance with...
View ArticleJames Schnurr Named as New SEC Chief Accountant
The Securities and Exchange Commissionhas named James Schnurr, a recent Deloitte alum, to be the new head of the Office of the Chief Accountant, replacing an outgoing Paul Beswick, who had been...
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