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Financial Fraud news from FierceComplianceIT

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Clawbacks back in the news

We've heard so much about bonus clawbacks recently that it's easy to forget that the tool was included as part of Sarbanes-Oxley. The 2002 law said that chief executive and chief financial officers... Read more...

Sarbox sets tone for newly vogue clawbacks

We tend to forget that clawbacks or executive compensation was a part of the Sarbanes-Oxley Act. The provision, however, only applied to funds received by the chief executive officer or chief... Read more...

Mr. Market pointing to more massive frauds?

The top investment strategist at Raymond James notes on Minyanville that, historically, stock market crashes have been linked to the "discovery" of massive financial frauds. This was certainly true... Read more...

Sarbox and financial statement fraud

Sarbanes Oxley was intended primarily to combat financial fraud. But with Sarbox we've all gotten used to some unintended consequences. In that vein, some recent findings from the Association of... Read more...