SEC news from FierceComplianceIT

We've noted that SEC Chairman Linda Shapiro was a bit coy early on regarding a few big issues, such as the projected rollout of IFRS in the United States. She offering a few more clues as of late.... Read more...

The banking industry has been fairly relentless in its efforts to overturn the mark-to-market rules that investors have so dearly embraced. Success at last: The FASB has voted to allow more leniency... Read more...

In the minds of many, the adoption of IFRS is fait accompli, a done deal. But not if the New York State Society of Certified Public Accountants has anything to do with it. The influential group has... Read more...

We've noted that the most recession-proof IT applications tend to be linked to risk management and compliance. The Securities and Exchange Commission certainly thinks this is the case. Officials have... Read more...

Apple is being criticized for its handling of CEO Steve Jobs' illness, and rightfully so. Several weeks ago, Jobs said that he had a "hormone imbalance" that had caused weight loss. At the time, he... Read more...

Christopher Cox, fairly or not, was a lightening rod for criticism during his three and a half year tenure as chairman of the SEC. Toward the end, events really escalated, notably the Madoff affair... Read more...

Recall that the D.C. circuit court ruled in favor of the constitutionality of the Public Company Accounting Oversight Board recently. But the ruling was 2-1. And the dissent by Judge Brett Kavanaugh... Read more...

Recall that the $700 billion bailout deal passed by Congress included a requirement that the SEC study the impact of fair-value accounting on the financial system. Some thought this might presage an... Read more...

The SEC, as if it doesn't have enough going on already, is apparently preparing to take a harder line on securities attorneys. The SEC has the authority, granted by Sarbanes-Oxley, to target... Read more...

SEC Chairman Chris Cox is stumping for something called the 21st Century Disclosure Initiative, which is intended to remedy "insufficient transparency"--something he believes "is at the heart of... Read more...