Accounting August 28, 2026
The SEC Changed Focus, FINRA Has Not
A weakness in any part of the process can undermine the effectiveness of the wider supervisory program.
Accounting October 15, 2025
GM Reports $1.6B Hit From Now-Unused EV Investments
General Motors reported the loss on Oct. 14 to the Securities and Exchange Commission as what's known as an impairment charge.
SEC October 10, 2025
MassMutual Faces SEC Scrutiny Over Accounting Practices
The Wall Street Journal reported this week that the Securities and Exchange Commission has focused on how MassMutual accounts for income earned on billions of dollars in loans.
Financial Reporting September 15, 2025
Trump Again Calls to End Quarterly Earnings Reports, Hitting Corporate Fault Line
In a social media post on Monday, the president echoed comments he made during his first term to end the quarterly reports that companies issue to share financial results with investors.
PCAOB July 22, 2025
George Botic Takes Over as Acting Chief of the PCAOB
The SEC has named George Botic acting chair of the Public Company Accounting Oversight Board, effective July 23, following last week's resignation of Erica Williams, whose last day as PCAOB chair is Tuesday.
PCAOB July 15, 2025
Erica Williams Resigns as PCAOB Chair
Williams will step down as chair of the Public Company Accounting Oversight Board on July 22 after she reportedly was asked to resign by SEC Chairman Paul Atkins.
PCAOB June 23, 2025
PCAOB Gets New Life—For Now—Thanks to the Senate’s Nonpartisan Referee
Republican lawmakers' plan to fold the PCAOB into the SEC hit a snag last Thursday when it was determined in the Senate that the provision in the GOP tax-and-spending bill violates the "Byrd Rule."
SEC June 16, 2025
SEC Picks Ex-Big Four Partner Kurt Hohl to be Chief Accountant
Kurt Hohl, a former partner at Big Four accounting firm Ernst & Young and an SEC alum, is returning to the markets regulator as its chief accountant, effective July 7.
SEC May 19, 2025
Man Who Hacked SEC, Caused Bitcoin Value to Plummet Sentenced to 14 Months in Prison
Eric Council Jr., a 26-year-old resident of Huntsville, AL, pleaded guilty earlier this year to conspiracy to commit aggravated identity theft and access device fraud.
PCAOB April 30, 2025
PCAOB Chair ‘Deeply Troubled’ By GOP’s Plans to Shutter U.S. Audit Regulator
Draft legislation being considered by the House Financial Services Committee proposes to eliminate the Public Company Accounting Oversight Board and fold its responsibilities into the Securities and Exchange Commission.
Auditing April 28, 2025
AICPA Comments on Proposed Defunding of PCAOB
The House Financial Services Committee has released draft language to defund the PCAOB and transfer its activities to the Securities and Exchange Commission.
SEC April 10, 2025
Wall Street Consultant Paul Atkins Confirmed to Head SEC
The U.S. Senate confirmed Paul Atkins as chair of the U.S. Securities and Exchange Commission, ushering him into the role only a week after President Donald Trump’s sweeping tariffs unleashed market turmoil.
SEC March 28, 2025
GOP Embraces Atkins for SEC Chair, While Dems Doubt His Judgment
Senate Banking Republicans are looking forward to Paul Atkins changing how the SEC works, while Democrats question his record.