Securities Regulation
Regulators Reportedly Reviewing Wells Fargo After Unauthorized Release of Sensitive Client Data
Wells Fargo & Co., already in the regulatory spotlight because of last year's fake-account scandal, is drawing renewed scrutiny after a lawyer's unauthorized release of sensitive client details ...
Pension Funds Seek SEC Regs Expanding Human Capital Management Disclosures
A coalition that includes some of the largest U.S. pension funds want federal regulators to force big banks and other public companies to disclose details on how they manage, compensate and ...
AmTrust Spent More than $33M to Clean Up Accounting Issues
AmTrust Financial released its 2017 Q1 earnings statement on May 8, after pursuing an audit and having to restate a few years of earnings due to financial reporting concerns. Cleaning up its ...
Sen. Warren Calls For SEC Review of Icahn as Trump Adviser
United States Senator Elizabeth Warren said the Securities and Exchange Commission should be vigilant in ensuring that billionaire investor Carl Icahn isn't using his role as an adviser to the Trump ...
Trump SEC Pick: No ‘Specific’ Plan to Gut Dodd-Frank
President Donald Trump's pick to lead the Securities and Exchange Commission said he has no specific plans to dismantle regulations implemented under the Dodd-Frank Act, but that the new ...
Ex-CFO of Bankrupt Enron Offers D&O Lessons from Accounting’s ‘Gray’ Areas
Andrew Fastow, former chief financial officer of Enron Corp., a now-defunct energy trading company swept up in a massive fraud scandal in the early 2000s, warned a room full of directors and officers ...
Greenberg, New York AG Dispute Admission of Wrongdoing in Fraud Settlement
Almost a dozen years ago, then-New York Attorney General Eliot Spitzer filed a fraud lawsuit against former American Insurance Group Inc. CEO Maurice "Hank" Greenberg over two reinsurance ...
AIG Fraud Case Aftermath: Greenberg Blasts New York AG for Destroying ‘National Asset’
Maurice "Hank" Greenberg, the former American International Group Inc. chief executive officer, lambasted the New York State attorney general's office after admitting that he approved two reinsurance ...
