Sen. Elizabeth Warren (D-Mass.) has introduced a controversial legislative proposal that requires American corporations with more than $1 billion in annual revenue to obtain a federal charter from a newly formed Office of United States Corporations at the Department of Commerce.

Audit regulators are inviting feedback on a slimmed-down strategic plan, giving stakeholders a chance to influence how to regulate public company auditing.

A group of Senate Democrats is urging leading technology companies to ensure that the publication of 3-D gun printing materials, which violate their terms of service, is not allowed on their platforms.

Compliance Week is conducting a short survey of GRC professionals to find out the challenges you face in selecting the right technology solution for your organization. If you participate, we will send you at no cost our “Practical Guide to Compliance Technology” special report.

One the day newspapers across the country are fighting back against President Trump's insistence that the media is an "enemy," we point out one of the many compliance-related benefits of a free press. 

The FASB has issued a new accounting standard that revises the reporting around long-duration contracts for insurance companies.

The SEC says Citigroup has agreed to pay $10.5 million in penalties to settle two enforcement actions involving its books and records, internal accounting controls,and trader supervision.

A tweet last week by Tesla founder Elon Musk that he was considering taking the company private at $420 per share raises an abundance of questions for the SEC. How will the agency respond?

The recently filed Stop Overdraft Profiteering Act of 2018 would ban overdraft fees on debit card transactions and ATM withdrawals and limit fees placed for checks and recurring payments.

A federal district court in the Western District of Missouri has approved a settlement between the CFPB and the owners of 20 interrelated corporate entities in the payday lending industry. The owners, it is alleged, illicitly accessed consumer bank accounts.

The CFPB will amend the Gramm-Leach-Bliley Act to allow banks that meet certain requirements to be exempt from sending annual privacy notices to their customers.

The AICPA is digging into new rules on credit losses and suggesting some implementation approaches with two draft documents open for public comment.

Half of the largest public companies saw SOX-related audit costs rise in 2017, driven by regulatory pressure, M&A activity, and new accounting rules.