Compliance Week Editor-in-Chief Matt Kelly is in China. This blog posted by Compliance Week Publisher Scott Cohen: What happened to the SEC Executive Order that included tighter rules on shorting 19 financial services stocks? The financial markets continue to deteriorate, and naked short selling–not to mention rumor mongering–are rampant, yet the SEC has done virtually […]
Matt Kelly
Posted inFrom the Archive
SEC Still Pursuing Disgorgement, D&O Bars
Compliance Week Editor-in-Chief Matt Kelly is in China. This entry posted by Compliance Week Publisher Scott Cohen: If there was any doubt that that the Commission is serious about disgorging profits from executives charged with fraud, one need only look to the latest settlement with former KB Home CEO Bruce Karatz. Karatz, whose company was […]
Posted inAccounting & Auditing
Fannie, Freddie and the Governance Fallout
Being a member of the Eastern Media Elite, I spent my Sunday morning listening to National Public Radio. The lead story was the government’s takeover of Fannie Mae and Freddie Mac, and the generally calamitous state of the nation’s housing industry and financial system overall. After a first segment sketching out the broad contours of […]
Posted inFrom the Archive
Chairman Cox, Ready for His Closeup
Has anyone noticed the SEC is now making webcasts of its meetings much more available? Chairman Christopher Cox has always been a polished presence thanks to his years in Congress. But I can’t help notice that, suddenly, they’ve gone multimedia over at 100 F Street. You can see Cox speak live about IFRS, for example, […]
Posted inFrom the Archive
Corporate Governance, Online and Interactive
Well, it’s about time Compliance Week got around to doing this. ‘This,’ of course, is a revamped and redesigned way of reporting corporate governance news. By now you’ve already seen our new home page, reconfigured to deliver more news, guidance, expert commentary and other resources. Most notably, on the right-hand side of the page you’ll […]
Posted inInternal Controls
Editorial: Strength From Weaknesses: SOX Compliance and Why We’re Here
As subscribers know, Compliance Week is constantly tracking critical issues for legal and financial executives at public companies. And for the last six years, much of our coverage on the financial side of the house has dealt with fallout from The Sarbanes-Oxley Act, particularly Section 404. Much of that coverage has focused recently on how […]
Posted inFrom the Archive
Editorial: All Aboard the SEC Again, the Reform Train Starts Moving
Sometimes miracles happen. To wit, the Securities and Exchange Commission finally has a full complement of five commissioners again. Finally, at least in theory, the SEC can address all the financial reporting and corporate governance issues it has been dodging for nearly a year. That list of issues is long, and nobody truly knows what […]
Posted inFrom the Archive
Editorial: Ramblings & Rumblings From Compliance Week ’08
Last month, nearly 500 top compliance and risk executives gathered in Washington, D.C., for Compliance Week’s annual conference. The event, which took place at The Mayflower Hotel, was extraordinarily successful, and much ground was covered (except during the open-bar cocktail reception, during which some ground was apparently lost). For readers who didn’t attend, here is […]
Posted inFrom the Archive
Editorial: Summer Is Here, and the Time is Right for Reading Up on Your Compliance
Ah, summer is here. The Section 404 testing is done, annual meeting season is behind us, and we can finally start thinking about summer vacations. And since compliance, financial reporting, and risk management will all still be driving us crazy come Labor Day, I humbly offer my summer reading list for compliance executives everywhere. My […]
Posted inFrom the Archive
Editorial: Learn to Love the Credit Crisis; It’s Going to Be Here a Long While
Part of my job as editor of Compliance Week is to do a lot of reading: the business press, accounting standards, research studies, financial results, regulatory proposals, myriad surveys—pretty much anything to do with corporate regulation. And from all that reading, two conclusions are becoming pretty clear. First, Sarbanes-Oxley compliance is working. It may not […]
