Tag Archives: SEC

SEC Commissioner Questions Standard Setters

State Board Report May 2014 Who is setting standards has become one of the themes addressed by SEC Commissioner Daniel Gallagher in his recent public addresses. Speaking to the International Institute for Market Development on April 16 he questioned forcing nations to accept a unitary set of regulatory standards created by international bodies and on…

Written on May 16, 2014 at 2:16 pm, by

Comments Off
Categories: State Board Reports
Tags: , , ,

Draft SEC Strategic Plan Released

State Board Report March 2014 The U.S. Securities and Exchange Commission plans to continue to support the Financial Accounting Standards Board’s efforts, while promoting the development of global standards, over the next four years. Its draft Strategic Plan for Fiscal Years 2014-2018 states: “In overseeing the Financial Accounting Standards Board (FASB), the SEC will strengthen…

Written on March 19, 2014 at 4:48 pm, by

Comments Off
Categories: State Board Reports
Tags: ,

SEC to Pursue Discipline of Individuals

State Board Report October 2013 The Securities and Exchange Commission will continue to “focus on financial statement and accounting fraud,” SEC Chair Mary Jo White told the Council of Institutional Investors on September 26. She stated: “In many ways, the most visible face of the SEC is what we do to enforce the law. After…

Written on October 15, 2013 at 8:39 pm, by

Comments Off
Categories: State Board Reports
Tags: , ,

SEC Demands Admission of Guilt from Falcone

State Board Report September 2013 After in July having rejected an $18 million settlement that would have barred Philip A. Falcone from the securities industry for two years, the Securities and Exchange Commission on August 19 announced it had agreed to a settlement with hedge fund adviser Falcone and his firm Harbinger Capital Partners in…

Written on September 19, 2013 at 6:43 pm, by

Comments Off
Categories: State Board Reports
Tags: , ,

SEC Unveils 3 Enforcement Initiatives

State Board Report August 2013 Three initiatives to build on the Securities and Exchange Commission’s Division of Enforcement’s efforts to concentrate resources on areas of high risk were announced early in July: the Financial Reporting and Audit Task Force, the Microcap Fraud Task Force and the Center for Risk and Quantitative Analytics. The Financial Reporting…

Written on August 21, 2013 at 3:44 pm, by

Comments Off
Categories: State Board Reports
Tags:

New SEC Appointments

State Board Report January 2013 On December 14, 2012, Mary L. Shapiro stepped down as Chairman of the Securities and Exchange Commission after nearly four years in office, and President Barack Obama named SEC Commissioner Elisse B. Walter to step up and become the 30th SEC Chairman. Ms. Walter had been an SEC Commissioner since…

Written on January 18, 2013 at 9:57 am, by

Comments Off
Categories: State Board Reports
Tags:

SEC Releases Investor Study

State Board Report September 2012 The kinds of information that investors find useful in making their investment decisions are identified in a study released by the Securities and Exchange Commission on August 30, 2012, entitled “SEC Staff Study Regarding Financial Literacy Among Investors.” The study was mandated by the 2010 Dodd-Frank Wall Street Reform and…

Written on September 18, 2012 at 9:41 am, by

Comments Off
Categories: State Board Reports
Tags:

SEC Continues to Press D&T Shanghai

State Board Report June 2012 The U.S. Securities and Exchange Commission brought an enforcement action against Deloitte Touche Tohmatsu CPA Ltd. (D&T Shanghai) on May 9, 2012, which was followed by Chinese regulators issuing rules that require the Chinese affiliates of the large international accounting firms to move control of those affiliates to partners who…

Written on June 22, 2012 at 2:04 pm, by

Comments Off
Categories: State Board Reports
Tags: , , ,

SEC Bars Two UK Accountants

State Board Report February 2012 Christopher J. Kelly and Margaret Hebb, both associated chartered accountants in the United Kingdom, have been suspended from appearing or practicing before the SEC as accountants for at least two years as a result of their part in the Ernst & Young, LLP UK’s audits of Thornton Precision Components (TPC)…

Written on February 28, 2012 at 1:43 pm, by

Comments Off
Categories: State Board Reports
Tags: , ,

SEC Charts Enforcement Actions

State Board Report January 2012 The Securities and Exchange Commission summarized the enforcement actions it took from April 2009 through mid-December 2011 addressing misconduct that led to, or arose from, the financial crisis. These involved 87 individuals or entities charged, including 45 senior corporate officers. Twenty-five received officer and director bars, industry bars or SEC…

Written on January 31, 2012 at 2:00 pm, by

Comments Off
Categories: State Board Reports
Tags: ,

Media & Resources

News
Recent Media Coverage

Blogs/Features
Social Media
Photo Gallery
Video Gallery
Publications
Upcoming & Past Events
Presentations & Speeches
Archives