Archive for the ‘sec’ Category

SEC-PCAOB arm wrestle

Tuesday, February 26th, 2008

How bad is the relationship between the Securities and Exchange Commission and the Public Company Accounting Oversight Board? What are the tensions? Can they actually work together to protect the markets? Now we have insiders saying they hate each other.

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SEC litigation and share price

Monday, February 25th, 2008

SEC lawsuits have a negative impact on the share price. But are some violations worse than others? Is there a difference between litigation being settled with fines and without? What happens if it’s just left pending? A study answers these questions.

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Subprime mess: where was the SEC?

Wednesday, February 6th, 2008

Why was the SEC asleep at the wheel in the lead-up to the subprime crisis? Bad risk management and it did not want to clamp down on this market.

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SEC buys time for small companies

Sunday, February 3rd, 2008

Another sign that the Securities and Exchange Commission is pulling back from Sarbanes-Oxley. On Friday, the SEC announced that it’s giving yet another delay to the implementation of Sarbanes-Oxley to smaller public companies

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Siemens fine to wipe profits

Monday, January 21st, 2008

Siemens faces a fine of 4 billion euros ($5.8 billion), a figure that would wipe out a full year’s profit, after a probe by the US Securities and Exchange Commission.

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Siemens and the SEC

Monday, December 17th, 2007

Senior executives of German electronics and engineering group Siemens AG today met with the US Securities and Exchange Commission in connection with the bribery scandal at Siemens.

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Shareholder rights wronged

Friday, November 30th, 2007

This week’s extraordinary decision by the Securities and Exchange Commission to let companies deny shareholders access to annual proxy ballots is another victory for the bosses and companies like General Motors and Bank of America to block democracy.

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GAO slates SEC, again

Tuesday, November 20th, 2007

The Government Accountability Office has slated the SEC for having shoddy internal controls and material weaknesses, yet again

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Pay disclosures not good enough

Tuesday, October 9th, 2007

Corporations are not really doing that well when it comes to explaining to investors how executives are compensated and what exactly they have to do to earn their bucks, says the Securities and Exchange Commission.

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Ratings agencies get let off

Tuesday, September 25th, 2007

The Securities and Exchange Commission has announced it’s clamping down on the ratings agencies in the wake of the subprime debacle. But a closer look at what the SEC will tell you that the new measures will do nothing to protect investors.

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