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Global Accounting Standards, Myths and the News Cycle

President Obama frequently cites the "twenty-four hour news cycle" which pounces on everything and often becomes a source of misinformation, rumors and distortions rather than news. This has become such a regular part of his speeches that the pundits are now commenting on his commentary...

For SEC Enforcement, What Is the Encore?

The commentary, speculation and second guessing about the SEC's settlement in Goldman may be drawing to a close, or at least diminishing. There is no doubt that Goldman is the most significant market crisis case to come from the numerous investigations the Commission has been conducting. Indeed...

SEC Chairman Schapiro Resigns, Leaving a Legacy of Achievement

Mary L Schapiro, one of the longest serving SEC Chairman, announced her resignation, effective December 14, 2012. Ms. Schapiro's action has been long rumored. The White House immediately appointed Commissioner Elisse Walter as Chairman, a position she can hold over the next year until the President...