On April 25th, the SEC announced that it has revised its list of unregistered entities that use inaccurate data to solicit mainly non-US investors. This update adds 58 soliciting entities, 11 impersonators of real firms, and one bogus regulator. Continue reading "SEC Revises PAUSE List of Firms Using..." »

The SEC’s Office of the Investor Advocate, in conjunction with the North American Securities Administrators Association (NASAA) and AARP will host a public listening session covering a number of investing matters pertaining to American senior and older communities, including those with diminished capacity. The discussions are geared also toward seniors’ loved ones, caregivers, financial professionals and consumer advocates. The audio event, which brings together investors and the securities regulators who protect them from investment fraud, will be held on Thursday, April 28, 2022 from 10:00 a.m. to 12:00 p.m. ET. It will be streamed live on sec.gov. Continue reading "SEC, NASAA, AARP to Co-Host Older Investor..." »

The SEC has announced that its Small Business Capital Formation Advisory Committee will hold a remote meeting to discuss matters related to the rules and regulations affecting small and emerging companies and their investors under the federal securities laws. The free webcast will take place on Friday, May 6, 2022, from 10:00 a.m. to 2:30 p.m. ET. The event is open to the public and will be presented live on sec.gov. {expires: 2022-05-07} Continue reading "SEC to Hold Small Business Capital Formation..." »

On April 8th, the FERC announced that it is requesting public feedback on the currently approved information collections, FERC Form Nos. 6 and 6T (Annual Report of Oil Pipeline Companies) and 6–Q and 6–QT (Quarterly Report of Oil Pipeline Companies). Continue reading "FERC Releases Notice of Information..." »

On March 31st, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) in which a new standard addresses troubled debt restructuring (TDR) and vintage disclosures. The update is designed to provide investors with sufficiently detailed disclosures so they may gather useful information about certain loan refinancings, restructurings, and write-offs. The new ASU undertakes remarks submitted by investors and other stakeholders during the post-implementation review of the credit losses standard. The revisions both create a single model for loan modification accounting by creditors and provide enhanced write-off disclosures and loan modification. Continue reading "FASB Broadens Disclosure Requirements and..." »

The Financial Accounting Standards Board (FASB) has released an Accounting Standards Update (ASU) designed to promote synergy between hedge accounting and an organization’s risk management procedures. The latest ASU builds on the FASB’s 2017 issuance of a hedging standard which improved alignment between the two entities. The earlier standard also increased transparency concerning how results of hedging activities are presented – on the face of the financial statements and in the footnotes – for investors and analysts when hedge accounting is applied. Continue reading "FASB Enhances and Broadens Hedge Accounting" »

On March 30, the SEC’s Division of Examinations issued its annual examination priorities, the publication that provides an overview of the Division’s risk-based approach, including the areas it believes present potential risks to investors and the integrity of the US capital markets. When compiling the examination priorities, the Division leans heavily on its four pillars: promoting and improving compliance, preventing fraud, monitoring risks, and informing policy. Continue reading "SEC Staff Announces 2022 Examination Priorities" »