SECannounced an award of more than $1.8 million to a whistleblower whose information and assistance were critically important to the success of an enforcement action involving misconduct committed overseas...
SEC Awards Half-Million Dollars to Overseas Whistleblower 138 23, announced a half-million dollar award to an overseas whistleblower whose expeditious reporting helped the Commission bring a successful enforcement action. “The Commission’s whistleblower award program has reached an important milestone,” said Jane Norberg, Chief of the SEC’s Office of the Whistleblower...
The Securities and Exchange Commission today approved final rules to require companies to disclose in proxy or information statements for the election of directors any practices or policies regarding the ability of employees or directors to engage in certain hedging transactions with respect to company equity securities...
SEC Adopts Jobs Act Amendments to Help Entrepreneurs and Investors 78 Washington D.C., April 5, that it has adopted amendments to increase the amount of money companies can raise through crowdfunding to adjust for inflation. It also approved amendments that adjust for inflation a threshold used to determine eligibility for benefits offered to “emerging growth companies” (EGCs) under the Jumpstart Our Business Startups (JOBS) Act...
There was a fascinating letter last week from Chet Kapoor of Tenzing Global -- resigning from the Board of Directors of Brightcove (NASDAQ: BCOV). Tenzing Global is an investment advisory firm in San Francisco. Here is just part of what Mr. Kapoor said in his scathing letter to fellow board members:
"Lively debate on a board can be a healthy and productive means of vetting important issues through inquiry and research, critical questioning, and building consensus that sets the optimal course for a company. Unfortunately, as it currently stands, no such process exists on the Board and attempts at discourse on ...
16 Chairman Hensarling, Ranking Member Waters, and Members of the Committee: Thank you for inviting me to testify today regarding the current work and initiatives of the U.S. Securities and Exchange Commission (SEC or Commission), and the SEC’s FY 2018 Preliminary Authorization Request...
“Focusing the Lens of Disclosure to Set the Path Forward on Board Diversity, Non-GAAP, and Sustainability” SEC Chair Mary Jo White Keynote Address via videoconference International Corporate Governance Network Annual Conference San Francisco, California June 27, 2016 Thank you, Anne [Sheehan] for that generous introduction, for your leadership on the SEC’s Investor Advisory Committee and, most importantly, for championing the interests of investors for so many years......
The Securities and Exchange Commission today announced it has approved the issuance of proposed rules that would enhance corporate disclosure of company hedging policies for directors and employees, as mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act...
The Securities and Exchange Commission today announced that Tracey L. McNeil has been selected as the first ombudsman for the agency...
The Securities and Exchange Commission today announced an award of more than $400,000 for a whistleblower who reported a fraud to the SEC after the company failed to address the issue internally...
The Securities and Exchange Commission today announced its examination priorities for 2014, which cover a wide range of issues at financial institutions, including investment advisers and investment companies, broker-dealers, clearing agencies, exchanges and other self-regulatory organizations, hedge funds, private equity funds, and transfer agents...
Securities and Exchange Commission Chairman Elisse B. Walter today named Lona Nallengara as Acting Director of the Division of Corporation Finance. He will replace Meredith B. Cross when she leaves the SEC to return to the private sector at the end of the year.
The Securities and Exchange Commission today announced that its staff will host a public roundtable on December 5 to discuss the use of proxy advisory firm services by institutional investors and investment advisers...
The Securities and Exchange Commission today announced that Gregg E. Berman has been named Associate Director of the Office of Analytics and Research in the SEC’s Division of Trading and Markets.
The Securities and Exchange Commission today announced that Public Company Accounting Oversight Board members Steven B. Harris and Jay D. Hanson have been reappointed for five-year terms.
The Securities and Exchange Commission today named Keith F. Higgins as the new director of the agency’s Division of Corporation Finance.
FOR IMMEDIATE RELEASE 2012-6 Washington, D.C., Jan. 12, 2012 – The Securities and Exchange Commission today announced that Robert M. Fisher has been named a Deputy Director in the SEC’s Office of International Affairs. Dr. Fisher, who earned his Ph. D. in economics from Duke University, joined the SEC staff in 2002 as a financial economist in the Office of Economic Analysis. He later became an Assistant Director in the Office of International Affairs, where he has been responsible for the SEC’s