Passage this month of the Defend Trade Secrets Act creates for the first time a federal civil cause of action for misappropriation of trade secrets, giving U.S. companies a wide range of remedies—but its new whistleblower protections also call for new reporting obligations. Jaclyn Jaeger explores.
A proposed rule might remove the the costly, complex, and time-consuming calculations of a company’s fair value that are required when its fair market value drops below its carrying value. In other words, goodwill accounting is about to get a little goodwill of its own. Tammy Whitehouse reports.
Joe Mont speaks to Julie Brill, who for the past six years was among the FTC’s most influential commissioners and an important voice on internet privacy and data security issues. In April, she left public service to join the law firm Hogan Lovells as a partner and co-director of its privacy and cyber-security practice.
Australian regulators are aggressively enforcing that nation’s competition laws, demonstrated by a wave of significant enforcement actions reached in just the last couple of months. Multinationals with operations in Australia should heed the warning. Jaclyn Jaeger has more.
A study by NAVEX Global solicited the thoughts of nearly 1,000 executives on policy management and the systems they have in place for that process. Keeping policies current with continuously evolving laws and regulations was identified as a top challenge. Joe Mont takes an in-depth look at the results.
Last month, Rick Steinberg looked at myths around corporate governance, including accusations levied by some institutional investors and others. Here he looks at more such myths, with analysis and insight into which claims are on point—and which are not—along with how some accusers appear to be seeking to serve their own self-interests.
Jose Tabuena explores how companies and, specifically, chief compliance officers can demonstrate the effectiveness of their compliance programs and be seen as creditworthy in the eyes of the U.S. Sentencing Guidelines.
The total number of restatements that were serious enough to undermine reliance on prior financials fell to 161, the lowest level since 2006, according to the latest data from Audit Analytics. And the overall number of restatements dropped 12.7 percent in 2015 from the year before. Tammy Whitehouse has more survey results.
The Public Company Accounting Oversight Board has settled a disciplinary action against a Hong Kong firm and its U.S. affiliate over audit problems involving a U.S.-listed company based in China. Tammy Whitehouse has more.
Bruce Carton offers a look at a 60 Minutes piece called “Inside Edge” about former stock analyst Roomy Khan, who was caught early by federal prosecutors investigating insider-trading by hedge funds and ultimately became a critical government informant in the criminal case that brought down Galleon Group's Raj Rajaratnam and dozens of others.