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.
SEC February 28, 2024
SEC Upped the Ante on Enforcement for Accounting and Auditing in FY 2023
The SEC disclosed 83 accounting and auditing enforcement actions in FY 2023, up 22% from the previous fiscal year.
Auditing January 30, 2024
SEC Sues Marcum Assurance Partner Over Numerous Audit Violations
Edward Hackert is accused of improper conduct by repeatedly not following U.S. auditing standards over a 10-year period.
Accounting January 22, 2024
ADM Stock Plunges After Placing CFO on Leave During Accounting Probe
Vikram Luthar, who had been its CFO since 2022, was put on administrative leave and Ismael Roig will step in on an interim basis.
Digital Currency January 10, 2024
SEC OKs Bitcoin-Spot ETFs in Milestone for Digital Assets
U.S. regulators for the first time approved exchange-traded funds that invest directly in Bitcoin, with 11 funds to begin trading Thursday.
Accounting December 19, 2023
FASB Makes 2024 GAAP and SEC Taxonomies Available
Taxonomies on GAAP financial reporting, SEC reporting, and DQC rules were released by the FASB on Dec. 18.
SEC December 1, 2023
U.S. Supreme Court Casts Doubt on SEC Enforcement Actions Without Juries
Conservative justices, in a securities fraud enforcement case, sound skeptical that defendants shouldn’t have a right to be judged by peers.
Accounting September 14, 2023
Marcum’s Ex-Quality Control Overseer Was Fined By the SEC for Bad Quality Control Oversight
Marcum audit partner Alfonse Gregory Giugliano was slapped with a $75,000 fine for failing to fix problems in the firm's QC system.
Accounting August 24, 2023
Private Funds Hit with New SEC Fee Disclosure Rules
Hedge funds and private equity firms will have to disclose more about their fees and face new restrictions from the SEC.
Accounting August 18, 2023
SEC Fines Crowe U.K. $750,000 For Poor Auditing of Music Streaming Service
In addition, Crowe U.K. CEO Nigel Bostock will pay a $25,000 penalty and senior auditor Matthew Stallabrass will fork over $10,000.
Digital Currency June 7, 2023
SEC’s Regulatory Net Now Covers $120B of Crypto After Binance, Coinbase Lawsuits
The regulator in the complaints against Binance and Coinbase cited more than a dozen major coins as assets that fall under its purview.
Accounting May 3, 2023
SEC Chief Blasts Hedge Fund Fees as Agency Readies New Regulations
For the last two years, SEC Chair Gary Gensler has championed new rules to add scrutiny to hedge funds and private equity firms.
Accounting January 11, 2023
Paul Munter to Take Over as SEC Chief Accountant
Munter, who joined the SEC in 2019, has served as acting chief accountant since January 2021.