Securities and Exchange Commission
Fraudsters Fare Worse When Whistles Blow
When whistleblowers are involved in enforcement actions, perpetrators can expect greater financial sanctions and longer prison sentences, a study finds.
Chamber Urges SEC to Nix Auditor Disclosure Rule
The Public Company Accounting Oversight Board’s proposal would spawn confusion and liability, according to the U.S. Chamber of Commerce.
KPMG Settles Charges of Improper Energy Audit
The firm’s client, Miller Energy Resources, inflated $5 million in oil and gas assets to nearly $500 million, according to the SEC.
Ex-SEC Attorney Raps WSJ Report on Enforcement Activity
Wall Street Journal article criticizing feds' level of enforcement this year is off-base, the attorney explains.
A Vote of Confidence for the PCAOB?
SEC Chairman Jay Clayton praises James Doty’s decision to stay on while the PCAOB starts to fill four vacant posts.
SEC Probes Deeper If Cos. Have Political Ties: Study
Researchers find that companies' political connections may boost SEC scrutiny rather than deter it.
CFOs Pump Out Free Cash Flow
But big, public, non-financial companies are generating cash partly by cutting capex, study finds.
Scammers Sending Fake Emails from SEC
A spear phishing campaign identified by FireEye appears to be targeting personnel involved with SEC filings at public companies.
L3 Technologies Settles $1.6M Revenue Recognition Case
The SEC also accused the company of failing to maintain adequate internal controls after employees reported their concerns to the ethics board.
In Accounting Swan Song, SEC’s White Urges Convergence
Outgoing SEC Commissioner Mary Jo White encourages FASB and IASB to continue collaboration.
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.