Tag: Enforcement
SubscribeSeptember SEC Enforcement Spike: Four Key Areas to Watch
Much like the cliché of a local police force ramping up patrols to meet its quarterly quota of speeding tickets, the Securities and Exchange Commission is yet again closing out its fiscal year with a spike of September enforcement actions....
Read MoreSEC Shows “Burying” Bad News Isn’t Just the Domain of Corporate Interests
Recently, we broke down some of the public relations games that companies have been known to play when they have bad news to report. For example, they might issue a press release on benign developments the same day they disclose damaging in...
Read MoreFallout From Accounting Class Actions Could Extend Beyond Issuers
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...
Read MoreSEC 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...
Read MoreSEC Taking an Interest in Accounting Enforcement
The implosions of Silicon Valley Bank and Signature Bank this month may have come as a surprise to KPMG LLP, one of the so-called Big Four accounting firms. Both banks collapsed within two weeks of KPMG signing off on their audits. In the w...
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