On September 23, 2020 the Securities and Exchange Commission (“SEC”) adopted amendments to 17 C.F.R. § 240.14a-8 (“Rule 14a-8”), raising the bar for shareholders seeking to force votes on proposals. The rule comes on the...more
We have previously written about how, over the past few years, the SEC and other regulatory agencies have devoted substantial resources to investigations regarding allegations that public companies have inadequate internal...more
4/13/2016
/ Corporate Governance ,
Enforcement Actions ,
Financial Reporting ,
Financial Statements ,
Fraud ,
ICFR ,
Internal Controls ,
Popular ,
Regulation S-X ,
Securities and Exchange Commission (SEC) ,
Settlement Agreements
Over the past few months, the Securities and Exchange Commission (‘‘SEC’’) has publicly stated its increasing focus on public company internal controls and related reporting obligations. In February of this year at the...more
10/9/2014
/ Bank Secrecy Act ,
Banking Sector ,
Banks ,
Corporate Management ,
Financial Industry Regulatory Authority (FINRA) ,
Financial Institutions ,
FinCEN ,
ICFR ,
Internal Audit Functions ,
Internal Controls ,
Publicly-Traded Companies ,
Reporting Requirements ,
Securities and Exchange Commission (SEC) ,
Strategic Enforcement Plan ,
U.S. Treasury