Important New Business Registration Requirement Start in 2024 Understanding the New Business Registration Requirement There is an important new business requirement starting on January 1st 2024. Companies must report information about their business owners. They must submit the information to…
Publisher: Reuters Author: Sarah Lynch Dallas Mavericks owner Mark Cuban took a swipe at the U.S. Securities and Exchange Commission on Tuesday after he filed a court brief which criticizes the agency's in-house trials as being unconstitutional. The amicus brief,…
Publisher: Reuters Author: Sarah Lynch A federal judge has ordered the U.S. Securities and Exchange Commission to fast-track a final rule requiring oil, gas and mining companies to disclose payments to foreign governments, after a human rights group complained the…
Publisher: Bloomberg Authors: Annie Massa and Anders Melin When the U.S. adopted a new rule last week forcing companies to show how much more top executives earn than workers, regulators noted there’s leeway. Academics and activists have spent the time since then…
Publisher: Forbes Author: Robin Ferracone Finally, after five years of waiting, the SEC© issued new rules a few weeks go on the link between pay and performance disclosure. The rules, which are in accordance with Section 953(a) of Dodd-Frank, will…
Publisher: Forbes Author: Daniel Fisher The SEC© announced it paid a $1 million bounty to a compliance officer who blew the whistle on his employer, the second such case where the agency has paid a company official charged with rooting…
This is part 2 of an article. For access to part 1, please click here Publisher: FEI Daily Author: Leslie Kramer One initiative that has been moving forward in the US is the development by the SEC© of a data…
This is part 1 of a two part article. For access to part 2, please click here. Publisher FEI Daily Author: Leslie Kramer Financial executives often decry the amount of information they are being asked to provide regulators each year,…
Publisher: XBRL US The US SEC© has begun issuing “Dear CFO” letters to public companies expressing concern over problems in XBRL Filings. XBRL US’s analysis of XBRL filings show that many filings still contain errors related to the use of…
Publisher: CFO Authors: Kevin Kalinich and Michael Becker According to the Consumer Bankers Association, the recent Target data breach has costs banks more than $200 million. For any public company, a large data breach, such as the Target hack, could…