In an annual report, the SEC Division of Examinations identified current risks for investors and registrants and highlighted key areas for examination in 2024.
News & Insights
SEC Commissioner Hester Peirce urged the International Financial Reporting Standards Foundation not to develop an International Sustainability Standard Board because it would (i) inappropriately equate sustainability standards with financial reporting standards, (ii) weaken the Foundation's existing investor-centered work and (iii) raise substantial governance concerns.
U.S. Representatives Carolyn B. Maloney (D-NY) and Patrick McHenry (R-NC) introduced a bill that would require all eight U.S. financial regulators to enact a set of data collection and dispersion standards for reported information.
Representative Blaine Luetkemeyer (R-MO) introduced a bill to prohibit federal financial regulators from requiring compliance with a new accounting standard related to current expected credit loss.
The U.S. Treasury Department released a report detailing plans to reduce burdens of capital markets regulation.