Showing 1 - 10 of 61 results
When the Enron and MCI scandals broke, it became clear to the US government as well as everyone else that something needed to be done to prevent financial abuses from harming the public. A bipartisan team of legislators led by Senator Paul Sarbanes and Representative Michael G. Read more
| Posted by Financial Management on Feb 3, 2012 | ||
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The Securities and Exchange Commission has named Jeanette M. Franzel, a managing director of the Government Accountability Office, as a member of the Public Company Accounting Oversight Board. She will be replacing Daniel L. Read more
| Posted by Michael Cohn, Accounting Today on Feb 3, 2012 | ||
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(Reuters) - An advisory committee urged U.S. securities regulators on Wednesday to relax outdated rules that trigger public financial reporting for companies, but it stopped short of backing a new capital-raising strategy known as "crowdfunding. Read more
| Posted by By Sarah N. Lynch on Feb 2, 2012 | ||
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Description FINCA International, one of the world's leading microfinance institutions, provides financial services to more than 750,000 clients through 21 wholly-owned and operated subsidiaries in Africa, Eurasia, Latin America and the Greater Middle East. Read more
| Posted by FINCA International Inc. on Feb 1, 2012 | ||
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NEW YORK —Two former Credit Suisse Group AG employees pleaded guilty Wednesday to criminal charges over alleged misstatements regarding the bank's mortgage-bond valuations during the financial crisis. Read more
| Posted by CHAD BRAY, MICHAEL ROTHFELD and JENNY STRASBURG on Feb 1, 2012 | ||
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Nearly three months after MF Global Holdings Ltd. collapsed, officials hunting for an estimated $1.2 billion in missing customer money increasingly believe that much of it might never be recovered, according to people familiar with the investigation. Read more
| Posted by SCOTT PATTERSON and AARON LUCCHETTI on Jan 31, 2012 | ||
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HOUSTON — R. Allen Stanford and James M. Davis were roommates at Baylor University and trusted friends over three decades who together built an international financial empire. But this week they are scheduled to confront each other in federal court as indicted swindlers ready to cross swords. Read more
| Posted by CLIFFORD KRAUSS on Jan 31, 2012 | ||
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Dodd-Frank’s Whistleblower Provisions The Dodd-Frank whistleblower provisions, codified as Section 21F of the Exchange Act, require the SEC to pay bounties to persons who provide information leading to a successful securities law enforcement action, in which more than $1 million is recovered. Read more
| Posted by Matt Morley and Carol Elder Bruce on Jan 31, 2012 | ||
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In his State of the Union address , Obama has announced a task force to go after the fraud that caused the financial crisis. "We will…establish a Financial Crimes Unit of highly trained investigators to crack down on large-scale fraud and protect people's investments. Read more
| Posted by SOX First on Jan 31, 2012 | ||
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WASHINGTON, Jan. 27, 2012 /PRNewswire via COMTEX/ -- With the recent appointment of a director for the new Commodity Futures Trading Commission (CFTC) Whistleblower Office, the CFTC has shown it is ready to move forward with its new whistleblower program, says whistleblower law firm Phillips & Cohen LLP. Read more
| Posted by PRNewswire via COMTEX - SOURCE Phillips & Cohen LLP on Jan 30, 2012 | ||
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