U.S. investors filed a record number of shareholder resolutions regarding climate change with North American companies this year, according to Ceres, a coalition of investors and environmental groups.
The Securities and Exchange Commission has given the Public Company Accounting Oversight Board extra time to carry out inspections of non-U.S. audit firms, but has urged the Board to make haste in resolving the delays it has encountered.
The Securities and Exchange Commission needs to revise plans to give companies more flexibility to carry out issuer stock repurchases if it wants to maximize the effectiveness of the change, according to attorneys with Cleary Gottlieb Steen & Hamilton.
Queens, N.Y., resident Chaya Unger has reached an agreement to settle fraud civil charges relating to four mutual-to-stock bank conversion offerings.
The Ontario Securities Commission is planning to set up an investor advisory panel to give input on the regulator's work, including proposed rules and policies, the OSC's annual statement of priorities, concept papers and other specific issues.
The U.S. Department of the Treasury's Financial Crimes Enforcement Network plans to amend Bank Secrecy Act regulations to improve compliance with the requirements regarding the Report of Foreign Bank and Financial Accounts.
Alberta resident Bradley Arthur Wilson has settled allegations that he engaged in insider trading.
The Ontario Securities Commission is planning to set up an investor advisory panel to give input on the regulator’s work, including proposed rules and policies, the OSC’s annual statement of priorities, concept papers and other specific issues.
Lawmakers should be wary of pressure to subject accounting standards to interference from systemic risk regulators, according to the American Institute of Certified Public Accountants.
The Securities and Exchange Commission should tell Congress to end the inherent conflicts of interest that occur when issuers pay for the ratings that credit rating agencies give to their securities, the North American Securities Administrators Association told the SEC in a Feb. 16 letter.
The Securities and Exchange Commission has reached a settlement with Samuel Vitale and his wife Joyce Vitale over allegations the couple orchestrated a fraudulent scheme involving seven mutual-to-stock bank conversion offerings.
Husband-and-wife Dwight Lester and Kimberley McAra-Lester have settled Alberta Securities Commission allegations that they engaged in illegal insider trading of Insta-Rent securities in 2008.
Almost two-thirds of executives from financial services and other industries around the world say converging their governance, risk and compliance (GRC) functions is a priority for their organization, according to a study by KPMG International.