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SubscribePCAOB Overhaul Latest Sign of Gensler’s Ambitious Agenda
Gary Gensler developed a reputation for ruthless efficiency while heading the Commodity Futures Trading Commission from 2009 to 2014. He’s living up to that billing so far in his fledgling tenure as chair of the Securities and Exchange Comm...
Read MoreBig Oil: Running on Fumes?
Since the first well was drilled, Big Oil has been able to draw from a deep well of political and economic clout. Lately, however, some of the sector’s biggest players have received signals that their reservoir of power isn’t infinite. Take...
Read MoreSEC Hands Proxy Advisory Firms a Big Win
If you asked the boards of directors of public companies what they have against proxy advisory firms, they might come back with a question of their own: How much time do you have? Their complaints about proxy advisory firms, which make reco...
Read MoreSEC Guidance Prompts SPAC Restatements
A few months ago, we told you about the mounting speculation that the Securities and Exchange Commission would take a more active role in regulating SPACs. In the meantime, the agency issued guidance indicating that SPACs may need to file a...
Read MoreRobinhood Shakes Up IPOs
The Robin Hood of English legend became a heroic outlaw by stealing from the rich to give to the poor. The Robinhood in the headlines today claims to give everyday investors access to a financial system that favors the wealthy. Facing charg...
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