The Securities and Exchange Commission tapped deputy chief accountant Paul Munter to become acting chief accountant when chief accountant Sagar Teotia leaves in February.
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Feed SubscriptionBiden names acting chair for SEC
President Biden has picked Allison Herren Lee, a member of the Securities and Exchange Commission, as the acting chair of the SEC, as nominee Gary Gensler waits in the wings as a more permanent chair once he is confirmed by ...
Read More »Biden to pick ex-CFTC chief Gensler to lead SEC
Gary Gensler, a former head of the U.S.’s main derivatives regulator, is President-elect Joe Biden’s likely pick to lead the Securities and Exchange Commission, according to two people familiar with the matter.
Read More »Trump names acting chair at SEC
Commissioner Elad Roisman will step into the position Jay Clayton vacated last week.
Read More »FASB releases 2021 taxonomies
The SEC Reporting Taxonomy and GAAP taxonomy still need to be approved by the SEC.
Read More »SEC approves PCAOB’s 2021 budget
The board’s spending is expected to increase only slightly next year, thanks to the pandemic.
Read More »Luckin settles SEC accounting fraud charges for $180M
The company made up more than $300 million in fake retail sales.
Read More »SEC’s GE accounting probe ends in $200M fine
The commission says the company financial disclosures were misleading.
Read More »House approves restrictions on Chinese companies listing in U.S.
The legislation is in reaction to U.S. regulators being unable to review the companies’ financial audits.
Read More »SEC awards record $114M to whistleblower
The award is the highest in the history of the congressional program.
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