- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
The House of Representatives passed legislation that includes an exemption for 60 percent of all public companies from the SEC requirement to submit interactive financial statement data using XBRL. Meanwhile, an American Institute of Certified Public Accountants and XBRL U.S. study showed that nearly 75 percent of the smallest public ...
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Fund management company WisdomTree will pay $4 million to settle allegations by the Securities and Exchange Commission that it improperly invested in fossil fuel and tobacco companies in environmental, social and governance (ESG) funds despite promising to avoid them.
The other shoe finally dropped for Raytheon and parent company RTX, as two U.S. regulators announced nearly $1 bilion in penalties to settle defective pricing in defense contracts, false claims related to inflated prices on government contracts, and bribes paid to government officials in Qatar that violated the FCPA.
A company culture geared to “win business at any cost” encouraged employees of New York-based aerospace manufacturer Moog to pay bribes in India to win contracts, the Securities and Exchange Commission alleged.
