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Dart board

New Audit Standards Accompanied by Calls for Stronger Leadership

Dart board

The top accountant at the Securities and Exchange Commission has had enough with auditors behaving badly, and he’s taking aim at the leadership of their firms as regulators move to tighten up auditing standards. In a statement issued earlie...

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Prompted by Advisers, Shareholders Voting Nay on Say on Pay

Breeze through reeds on beach

Historically, voting on executive compensation packages has been a pro forma exercise at the annual meetings of technology manufacturer 3M Co., as pay proposals breeze through with shareholder approval. Not so this year, however. With promi...

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Three Reasons Why the SEC May Temper Its Rulemaking Before the Election

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In an election year, federal agencies often spend the final months of a President’s term rushing to push through pet projects and key objectives. The Securities and Exchange Commission is no exception. If you look back to 2020, for instance...

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Doubts Surface About SEC’s Candidness on Ethereum

Metal surface reflection

Back in April 2023, Securities and Exchange Commission chair Gary Gensler raised a ruckus by refusing at a congressional hearing to offer an opinion on whether Ethereum, a popular cryptocurrency, is a security. But was Gensler playing coy?...

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Interest Rates Continue to Influence Corporate Financing

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After setting interest rates at a two-decade high last July, the Federal Reserve has held them steady for the last 10 months at 5.3%. And now everyone waiting on the central bank to cut rates should probably settle in for an even longer hau...

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