Securities and Exchange Commission
The Rising Risk of Being CFO
The drive to combat corporate misconduct is making it a dangerous time to be a finance chief.
Non-GAAP metrics help tell the story of a company’s performance. But is their increasing prevalence rendering the official earnings numbers less relevant?
Equidate Settles with SEC Over Sale of Pre-IPO Securities
Equidate, a private-company share marketplace, failed to register security-based swaps that it sold to shareholders in pre-IPO companies.
PCAOB Chair Goes on the Defensive
The Republican electoral wins pose an added threat to the tenure of PCAOB Chair James Doty.
SEC Comment Letters Spur Corporate Tax Compliance
Close to 500 firms that received a comment letter regarding tax disclosures increased their provision for income taxes the following year.
Energy Services Vendor, Execs, Settle SEC Fraud Case
The energy services provider and four executives allegedly booked $20 million in improper revenue over a two-year period.
SEC Hit Record Enforcement Highs in 2016
The SEC broke records for single-year enforcement actions filed and total dollars gained from forfeitures.
SEC Wages War on Misuse of Non-GAAP Metrics
Several recent actions leave no doubt that non-GAAP financial measures are in the commission's crosshairs, and companies are taking notice.
SEC Allows Use of Inline XBRL Data in Filings
Inline XBRL embeds data directly into financial statements rather than in a separate exhibit, potentially enhancing the quality of data.
Physicist Fined for Tech Deal Insider Trading
The SEC says the Chinese citizen made $367,387 in illegal profits by trading on inside information about the takeover of OmniVision Technologies.
Brokerage Fined for Anti-Money-Laundering Reporting Failures
Albert Fried & Co. agrees to pay $300,000 to settle SEC charges that the broker failed to report suspicious trading by institutional investors.