The court hands Wall Street firms a major victory by finding disgorgement is a penalty subject to a five-year statute of limitations.
Banamex USA will pay $97.4 million to resolve allegations that it failed to properly monitor millions of dollars in remittance payments to Mexico.
Robert Murray allegedly gamed the SEC's EDGAR system to submit a tender offer for the company, enabling him to manipulate Fitbit's stock price.
The bill would make hidden cyber glitches transparent to corporations.
The new Labor Secretary is "weighing in on the side of big corporate lobbyists and not on the side of workers in dangerous industries," a critic says.
Sometimes, the commission’s metrics guidance works against the interests of financial-statement users, a capital markets expert says.
But the SEC should continue trying to boost transparency and comparability in reporting: CFA Institute official.
There's an awful lot of gray area around the topic of what companies should or shouldn't do in their presentations of the unofficial metrics.
Inconsistent interpretation, guidance, and enforcement of non-GAAP measures lead to a lack of confidence in reporting.
While non-GAAP metrics are often useful, too many companies use them to present a misleading picture of performance, a senior auditor says.