Does State Sponsor of Terrorism Disclosure Limit SEC Financial Reporting Oversight?

By Robert Hills, Matthew Kubic and William J. Mayew May 19, 2020 by renholding

The Securities and Exchange Commission (SEC) regularly reviews financial filings to ensure compliance with accounting standards and other disclosure requirements. The SEC review team analyzes firm’s financial filings and asks questions (in a comment letter) about perceived deficiencies. A comment …

SEC Chair’s Remarks at Ceremonial Swearing In of New Commissioners Jackson and Peirce

By Jay Clayton January 17, 2018 by renholding

Good Morning.

I hope that everyone had a very nice weekend and enjoyed the holiday on which we commemorate the life and contributions of Dr. Martin Luther King, Jr.

I note that this August will be the 55^th anniversary

…

Insider Tips as Gifts: Re-examining Newman After Salman

By Daniel N. Sang May 3, 2017 by renholding

Three pending cases – United States v. Martoma, and the habeas corpus cases Gupta v. United States and Whitman v. United States[1] – will allow the U.S. Court of Appeals for the Second Circuit to examine United States …

Can Technology Solve Information Overload and Complexity in Securities Disclosure?

By Erik F. Gerding January 17, 2017 by renholding

Securities disclosure is under fire, with professors and politicians launching two basic criticisms against it. The first is that it causes “information overload:” Investors cannot process all the disclosure that securities rules require. The idea can be traced back to …

SEC Announces Chair Mary Jo White’s Departure Plans

By Securities and Exchange Commission November 15, 2016 by renholding

Securities and Exchange Commission Chair Mary Jo White, after nearly four years as the agency’s head, today announced that she intends to leave at the end of the Obama Administration. Under Chair White’s leadership, the Commission strengthened protections for investors …

Paul Weiss Discusses New Signs of Vigorous FCPA Enforcement

By David Brown, Mark Mendelsohn, Alex Oh, Farrah Berse and Peter Jaffe October 24, 2016 by renholding

As the end of their fiscal years approached on September 30, the Department of Justice and the Securities and Exchange Commission announced a number of resolutions, underscoring their pronouncements that “vigorous enforcement”[1] of violations of the Foreign Corrupt Practices …

SEC Settlements After Dodd-Frank

By Urska Velikonja October 18, 2016 by renholding

On September 23, U.S. District Judge William Pauley refused to approve a settlement between the CFTC and Deutsche Bank covering the bank’s failure to report swaps properly. Instead of rubber-stamping the settlement, the judge asked the parties for additional briefing. …

Mary Jo White Throws Down the Gauntlet: Vows to Wield the SEC’s Full Enforcement Arsenal Against Corporate and Individual Wrongdoers

By Michael Rivera October 25, 2013 by mtc2156

The following comes to us from Michael Rivera, a partner at Venable LLP in Washington, D.C.

Securities and Exchange Commission Chair Mary Jo White warned that the SEC will pull no punches under the leadership of the former federal prosecutor. …

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