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Category: News

Butterfly chrysalis emerging like Cybersecurity rules

Are the SEC’s New Cybersecurity Rules Coming Too Late?

Butterfly chrysalis emerging like Cybersecurity rules

The phrase “fighting the last war” often comes to mind when discussing the federal government’s rulemaking process. It’s a familiar cycle: Something emerges as a problem that catches companies unprepared, and regulators begin the iterative...

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Multicolored jelly beans

Fallout From Accounting Class Actions Could Extend Beyond Issuers

Multicolored jelly beans

Although we have ample evidence to the contrary, the idea of an accounting scandal seems strange because it is hard to imagine accountants engaging in scandalous behavior. We picture accountants as meticulous bean counters – hardly the type...

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Architectural blend with greenery, ESG uncertainties

Uncertainties Abound for Effective ESG Disclosures

Architectural blend with greenery, ESG uncertainties

We all know mandatory corporate disclosures are coming for performance on environmental, sustainability and governance metrics. The subject has become the dominant theme in corporate governance today in response to the push by activists, in...

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smashed can on street

FASB Issues Proposed Update for Crypto Accounting

smashed can on street

When it comes to regulating cryptocurrency, the federal government for roughly a decade has taken the de facto position of kicking the can down the road. Even though the task of defining what crypto is has flummoxed regulators, that hasn’t...

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SEC Backs Big Budget for Crypto Crackdown

SEC Backs Big Budget for Crypto Crackdown

SEC Backs Big Budget for Crypto Crackdown

The Biden administration has proposed a record-smashing $2.4 billion budget for the SEC in fiscal year 2024, and it’s apparently already burning a hole in Gary Gensler’s pocket. To hear him tell it, the SEC chair is more than ready to use t...

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