All United States articles – Page 190
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ArticleBiden influence apparent in SEC 2021 examination priorities
The long-awaited 2021 examination priorities of the Securities and Exchange Commission were released Wednesday, with climate- and ESG-related risks unsurprisingly among areas that will receive enhanced focus.
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ArticleStudy: Goodwill impairments drop in 2019; spike projected in 2020
Goodwill impairment recorded by U.S. public companies fell 10 percent from 2018 to 2019, according to Duff & Phelps’ latest study. An early look at 2020 figures suggests a big rise in next year’s results as a result of the pandemic.
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ArticleMore than a CCPA clone? Virginia passes nation’s second comprehensive privacy law
In what might be a sign of things to come for data privacy legislation nationwide, Virginia passed the country’s second comprehensive data privacy law. How does it stack up to its peer in California?
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ArticleGary Gensler (SEC), Rohit Chopra (CFPB) play it safe at confirmation hearing
There were few surprises Tuesday during the Senate confirmation hearing for President Joe Biden’s nominations to lead the SEC (Gary Gensler, pictured) and CFPB (Rohit Chopra).
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ArticleBaker Hughes facing sanctions-related SEC probe
Baker Hughes is being investigated by the SEC related to “books and records and internal controls regarding sales of its products and services in projects impacted by U.S. sanctions.”
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ArticleFERF study: Average audit fees inch higher in 2019
In the 11th edition of its annual public company audit fee study, the Financial Education & Research Foundation reported an increase of 6 percent in average audit fees largely due to expanded scope.
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ArticlePilgrim’s Pride pays $108M in price-fixing scandal
Pilgrim’s Pride has become the first company to plead guilty for its role in a conspiracy to fix prices and rig bids in the broiler chicken industry and will pay a $108 million criminal fine.
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ArticleRobinhood, FINRA discussing settlement over 2020 outages
Online stock-trading platform Robinhood said it may face at least $26.6 million in costs related to resolving investigations by FINRA concerning its options-trading practices and outages its platform suffered last year.
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ArticleCCOs, take note: ESG is having its moment
The Biden administration is not so quietly making big moves in the area of ESG regulatory initiatives that should give CCOs the cachet to elevate these issues closer to the top of the priority list at their organizations.
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ArticleTikTok $92M settlement includes data privacy compliance training program
TikTok is seeking preliminary approval of a class-action settlement with terms that would require the video sharing platform to establish a $92 million settlement fund and create a new compliance framework, according to court documents.
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ArticleCW panel: Preparing for the return to the workplace—and the next pandemic
Experts at CW’s “Compliance Considerations for the New Workplace” virtual summit discuss striking the balance between complying with laws applicable to matters of health and safety while still respecting employee privacy in the return to the office and beyond.
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ArticleSEC charges Gulfport, former CEO with failing to disclose executive perks
The SEC settled charges against gas exploration and production company Gulfport Energy and its former CEO Michael Moore for failing to properly disclose as compensation certain perks provided to Moore and related personal expenses.
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ArticleLegal precedent for COVID-19 vaccine mandates on shaky ground, expert says
Mandating COVID-19 vaccines for your workplace might not be as straightforward as following the legal precedent set by flu vaccines, an expert explained at CW’s “Compliance Considerations for the New Workplace” virtual summit.
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SEC takes first step toward new framework for climate-related disclosures
If there were any doubts the SEC under the Biden administration will increase its expectations of public companies to assess and disclose climate change-related risks, they were laid to rest Wednesday.
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ArticleFormer KPMG auditors suspended for improper conduct during college audit
Former KPMG Partner Christopher Stanley and Senior Manager Jennifer Stewart were suspended by the SEC for improper professional conduct during an audit of the now-defunct College of New Rochelle.
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ArticleSEC issues first-ever whistleblower award pegged to DOJ settlement
For the first time, the SEC has made an award to a whistleblower who provided information that led to a related settlement by another agency—in this case, the Department of Justice.
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ArticleGary Gensler (SEC), Rohit Chopra (CFPB) set for confirmation hearings March 2
President Joe Biden’s nominees to lead two key regulators—Gary Gensler at the SEC and Rohit Chopra (pictured) at the CFPB—will face Senate confirmation hearings early next month.
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ArticleBitPay fined $507K for digital currency sanctions violations
The Office of Foreign Assets Control reached a $507,375 settlement with digital currency platform BitPay for lapses in its sanctions compliance procedures that led to 2,102 apparent violations of multiple sanctions programs.
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ArticleBest practices for navigating political discussions among coworkers
It’s not realistic to outright ban talk of politics with coworkers, but in today’s polarized climate it’s smart to set policies and educate employees about lines that should not be crossed.
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ArticleKroger joins victims of Accellion data breach
Two months after cloud service vendor Accellion first identified one of its legacy products was targeted by a sophisticated cyber-attack, users of the product continue to feel the impact, with grocery chain Kroger the latest to reveal its exposure.