Tag:
Financial Services Committee
Latest Headlines
Latest Headlines
Bill would expand 404(b) reprieve
It was big news for nonaccelerated filers when Dodd-Frank finally gave them what they had long sought: A permanent reprieve from the Sarbanes Oxley 404(b) requirement. Prior to the passage of
Is it wise for politicians to take aim at Dodd-Frank?
When it came time to vote, the Dodd-Frank bill ended up being a nonissue. It certainly wasn't anything either side could campaign on. But we're hearing a lot of rhetoric in the wake of the midterms
What the elections mean for Wall Street
The die would appear to be cast for the next Congress, with the Democrats having been dealt a blow. But that hardly means top financial services firms are suddenly looking better. For top banks, the
Fixing a big PCAOB glitch
Would the Bernard Madoff scandal, which went undetected for so long, have been ferreted out by the PCAOB if it were allowed to oversee broker dealers? We may never know the answer. The Madoff scam,
A blizzard of new financial regs coming
We've all been resigned to the fact that a sweeping set of new financial regulations will likely become real this year. The process is well underway, as all players--both governmental and
Northern Trust to pay back TARP funds
Northern Trust feels a little blind sided by the controversy over its decision to fly hundreds of employees and clients to the golf tournament it sponsors in Los Angeles. Rep. Barney Frank, the
Will new Congress press for Sarbox reform?
The retiring Rep. Michael Oxley (R-OH), who of course eponymously co-sponsored Sarbox, was loathe to tinker with the law as head of the House Financial Services Committee. The incoming chairman is
Elements of Sarbox turn up overseas
Chris Cox made some interesting points in his defense of Sarbox before skeptical members of the House Financial Services Committee. He noted that despite the marketing mileage that other
ALSO NOTED: SOX may hurt short-targeted companies; Rep. Oxley defends his law; SOX leading to leveraged buyouts?;
> You've no doubt been hearing that SOX makes running a public company prohibitively difficult. Well, some evidence is starting to crop up that more leveraged buyouts are in the works.
