Acting SEC Chair Calls Disclosure Rule ‘Misguided’
Michael Piwowar has directed SEC staff to reconsider how companies should comply with the controversial conflict minerals rule.
First Penalty for Retaliation vs. Internal-only Whistleblower
SandRidge Energy fired an employee who raised concerns over the company's calculation of its reserves, the SEC charged.
The Rising Risk of Being CFO
The drive to combat corporate misconduct is making it a dangerous time to be a finance chief.
Trump’s Pension Policy
If Trump shelves the new fiduciary rule, brokers might seek out deals that pay them best, rather than act in the best interests of sponsors and employees.
Stock Options Help Firms Keep Workers Quiet
A study finds companies involved in financial misconduct deter whistleblowing by granting options to rank-and-file employees.
‘One Size Fits All’ Regulation Simply Doesn’t Work
With a few notable exceptions, most US regulations apply to all banks and make no distinctions based on the riskiness of an institution’s activities.
SEC Fines ‘Fantasy Sports for Stocks’ Company
Forcerank's stock-rating games were not a "skill-based contest" but security-based swap offerings subject to Dodd-Frank's rules, the SEC says.
Court Finds Structure of CFPB Unconstitutional
Critics of the consumer protection agency welcomed the decision but the D.C. Circuit stopped short of shutting it down.
AB InBev Fined $6M in India Bribery Case
The SEC says the brewer's Indian unit used third-party sales promoters to make improper payments to government officials.
CEO Pay Ratio Lower than Expected: Mercer
Research suggests the average ratio between CEO compensation and that of a typical worker is closer to 200:1 than the widely reported 300:1.
Bankers Question Legality of Fed’s Stress Tests
Financial industry leaders say the tests may violate a law requiring transparency in government rulemaking.