SEC Interim Chief Accountant Wesley R. Bricker outlined ways in which auditors can "reinforce the reliability and credibility of financial reporting" under the new FASB credit loss standard.
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CFTC Commissioner J. Christopher Giancarlo argued that market regulators should change their practices and agency cultures to embrace the "21st century digital transformation."
CFTC staff will hold a public discussion to examine recent Committee on Payments and Markets Infrastructure-IOSCO guidance on central counterparty resilience and recovery.
The NFA urged the CFTC to extend the relief granted by its proposal to amend the Commodity Pool Operator annual report requirements to quarterly report requirements.
The SEC charged a hedge fund manager and his firm with insider trading based on material nonpublic information that the manager had learned in confidence from a corporate executive.