Category: Rules & Regs
SubscribeInterlocking Directorates: All the Rage in Corporate America
Ever heard of the Clayton Act? Named after its sponsor, Alabama congressman Henry Clayton, the law was enacted in 1914 to help stamp out anticompetitive business practices deemed harmful to consumers, such as the formation of monopolies an...
Read MoreSEC Unveils Compensation Clawback Rules
The Securities and Exchange Commission has issued its long-awaited rules on clawbacks for executive bonuses based on mistakes in financial reporting. Long-awaited by everyone except corporate executives, of course. The SEC first proposed ru...
Read MoreFASB (Finally) Backs Fair-Value Accounting for Cryptocurrency Assets
Cryptocurrency enthusiasts don’t exactly seem like rule-following types. In fact, defying convention likely makes up much of crypto’s appeal for many digital-token owners. Pesky things like accounting standards probably don’t even show up o...
Read MoreU.S. Government Officials Move to Curb Money Laundering
This year, America said goodbye to its favorite money-laundering family with the final season of the Netflix drama “Ozark.” The Byrde family – Wendy, Marty, Charlotte and Jonah – introduced casual viewers to the art of washing drug dealers’...
Read MoreFinancial Accounting Standards Board Nearing New Disclosure Rules for Joint Ventures
In August, Honda and LG Energy Solution revealed that they would be investing $4.4 billion to develop a U.S. electric-vehicle battery factory. The automaker and battery company are taking part in an increasingly popular U.S. corporate arra...
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