Securities and Exchange Commission
RSM Charged by SEC with Violating Auditor Independence Rules
The accounting firm agreed to a $950,000 penalty and to engage an independent consultant to evaluate its current quality controls.
SEC Aims to Ease Disclosure Rules
The commission proposes a more principles-based, less-prescriptive approach to business description and risk factor disclosures.
Nomura to Pay Misled Bond Customers $25 Million
The SEC said traders made misleading statements and the bank failed to properly monitor them.
SEC Charges Bring Long Fraud Saga to a Close
Five years after GT Advanced Technologies went bankrupt, the company and its ex-CEO, facing overwhelming evidence, cop to SEC allegations.
Investor Group Petitions for Better Exec Comp Disclosure
The investors want companies to better explain in proxies their use of non-GAAP metrics for determining executive compensation.
How to Blow the Whistle to the SEC
Becoming a whistleblower requires planning. For example, do you report the fraud internally first or go directly to the SEC?
At Apple, the Fox Was Minding the Henhouse
Apple’s former global head of corporate law is charged by the SEC with insider trading.
Workplace Messaging Firm Slack Files to List Directly
The move to go public without an IPO would follow a direct listing from Spotify last year.
Hertz to Pay $16M to Settle With SEC Over Accounting Problems
The rental car company agreed to pay a civil fine over financial misstatements.
Senators Prod Regulators on Fintech Oversight
A bipartisan letter follows attempts by Robinhood to rebrand a cash management service.
MetLife Settles With Massachusetts Over Pension Claims
The company agreed to pay $1 million to resolve accusations related to its pension risk transfer business.