The SEC charged that an audit firm failed to maintain independence from clients while engaging in audits, exams and reviews.
News & Insights
The CFTC proposed raising the amount of money required to invest in funds under CFTC Rule 4.7 ("Exemption from certain part 4 requirements for commodity pool operators with respect to offerings to qualified eligible persons") and increasing the disclosure requirements applicable to such funds.
A consumer goods company and its former CEO settled charges with the SEC for making misleading statements to investors by using non-GAAP measures on "core growth" and "core sales" in earnings reports.
The SEC instituted proceedings to determine whether to approve a FINRA proposal that would change margin requirements for certain types of "protected" index options.
A New York-chartered "state nonmember insured bank" settled FinCEN charges for willful violations of the Bank Secrecy Act.