SEC News

SEC Updates Auditor Independence Rules

Washington D.C., Oct. 16, 2020 — The Securities and Exchange Commission today announced that it adopted final amendments to certain auditor independence requirements in Rule 2-01 of Regulation S-X.  Informed by decades of staff experience applying the auditor independence framework, the final amendments modernize the rules and more effectively focus the analysis on relationships and […]

SEC News

SEC Releases Agenda for October 26 Roundtable on Regulation Best Interest and Form CRS

Washington D.C., Oct. 16, 2020 — The Securities and Exchange Commission today announced the agenda and panelists for the October 26, 2020, roundtable where Commission staff and FINRA will discuss initial observations on Regulation Best Interest and Form CRS implementation. The event will be webcast to the public.  No registration or pre-registration is required.  The […]

SEC News

SEC and CFTC to Hold a Joint Open Meeting on October 22

FOR IMMEDIATE RELEASE2020-259 Washington D.C., Oct. 15, 2020 — The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission today announced their agencies will hold a joint open meeting on Thursday, Oct. 22, 2020, at 10:00 a.m. (EDT). The meeting will be held virtually. The Commissions will consider the following: Joint Final Rule: Customer Margin Rules Relating to […]

SEC News

Board Member James G. Kaiser to Retire From the PCAOB; Contributed Substantially to PCAOB Strategic Plan and the Use of Technology to Enhance Audit Quality

Washington D.C., Oct. 15, 2020 — The Securities and Exchange Commission today announced that James (Jim) G. Kaiser will leave the Public Company Accounting Oversight Board (PCAOB) after completing his term as a Board member. Mr. Kaiser was appointed to the Board in December 2017 and his term expires in October 2020. Mr. Kaiser was […]

SEC News

SEC Awards $800,000 to Whistleblower

Washington D.C., Oct. 15, 2020 — The Securities and Exchange Commission today announced an award of more than $800,000 to a whistleblower whose information caused the staff to open an investigation that led to two successful SEC enforcement actions.      “The whistleblower provided the Commission with a detailed analysis that alerted staff to the underlying securities […]

SEC News

Tamara Brightwell Named Deputy Director of Division of Corporation Finance’s Disclosure Review Program

Washington D.C., Oct. 13, 2020 — The Securities and Exchange Commission today announced that Tamara M. Brightwell has been named Deputy Director of the Division of Corporation Finance’s Disclosure Review Program. As the Disclosure Review Program Deputy Director, Ms. Brightwell will join Jessica Kane, the newly-appointed Disclosure Review Program Director, in overseeing the work of […]

SEC News

Jessica Kane Named Director of Division of Corporation Finance’s Disclosure Review Program

Washington D.C., Oct. 13, 2020 — The Securities and Exchange Commission today announced that Jessica S. Kane has been named Director of the Division of Corporation Finance’s Disclosure Review Program. As the Director of the Disclosure Review Program, Ms. Kane will lead the Division’s important work reviewing transactional, periodic and current reports in furtherance of […]