SEC charges city of Miami with civil securities fraud

July 21, 2013 

SEC charges city of Miami with civil securities fraud

The U.S. Securities and Exchange Commission on Friday accused the city of Miami and its former budget director of playing financial "shell games" with city bank accounts, charging them with civil securities fraud for allegedly misrepresenting city finances to bond investors.

US-House-of-Representatives1

July 10, 2013 

Bill banning audit firm rotation mandate passes U.S. House

On Monday evening, the U.S. House of Representatives passed a bipartisan bill that would ban the the potential of mandatory audit firm rotations that have been suggested by the head of the Public Company Accounting Oversight Board (PCAOB).