Securities and Exchange Commission
Morningstar Settles Conflict of Interest Charges
The $3.5 million settlement is a rare enforcement action against a ratings agency over conflicts.
COVID-19 Highlights Need to Reset SEC Proposal on MD&A Disclosures
Now is not the time to eliminate important investor information. It is a time to enhance and improve some of the key sections of registrant filings.
SEC Planning to Loosen Auditor Independence Rules
On Monday, the SEC proposed changing the rules to keep auditor committees and auditors from spending time on "non-substantive" rule breaches.
SEC Proposal Protects Executives, Hamstrings Investors
Proposed rule changes would pressure proxy advisory firms to take a more management-friendly stance in their reports and vote recommendations.
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.