The Sarbanes-Oxley Act of 2002 requires the SEC to review the financial statements of every public company at least once every three years, while permitting more frequent reviews as needed. According to the SEC 2013 Annual Report, the agency reviewed … Continue reading
Category Archives: SEC
SEC Enforcement: Case Length and Settlements
The SEC’s efforts to police the market are sometimes measured by the number of enforcements brought forward. The thought, generally speaking, is that a greater number of enforcement actions represents tougher policies. In the words of Mary Jo White, Chair of … Continue reading
Small Banks Deregister After JOBS Act
On April 5, 2012, President Obama signed into law the Jumpstart Our Business Startups Act (the JOBS Act). One objective of the JOBS Act was to improve the regulatory environment for small companies. For example, the JOBS Act liberated some … Continue reading