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24 Feb 2010, 10:27 am by James Hamilton
SEC Reaffirms Its Commitment to IFRSWhile noting that incorporating IFRS into the US financial reporting system would involve a significant undertaking, SEC Chair Mary Schapiro reaffirmed the Commission’s support for a single set of global accounting standards. [read post]
23 Feb 2010, 1:14 pm by N. Peter Rasmussen
However, Chairman Mary Schapiro has directed the staff to conduct a comprehensive review of the mechanics by which proxies are voted and the way in which information is conveyed to shareholders, and to prepare a concept release to seek public comment on these issues.Timeline Changes for Other Soliciting PersonsWith regard to soliciting persons other than the issuer, the amended rules require the filing of a preliminary proxy statement within 10 calendar days after the issuer files… [read post]
10 Feb 2010, 8:01 am
According to SEC Chairman Mary Schapiro, "We are not opining on whether the world's climate is changing, at what pace it might be changing, or due to what causes. [read post]
9 Feb 2010, 2:53 pm by Jack J. Gravelle
In voting to release the guidance, SEC Chairman Mary Schapiro noted that nothing in the guidance should be construed as “opining on whether the world’s climate is changing, at what pace it might be changing, or due to what causes. [read post]
9 Feb 2010, 2:25 pm
At a closed-door meeting scheduled for February 10, the Financial Industry Regulatory Authority board of governors will preside over a closed-door meeting to assess allegations made by Amerivet Securities Inc. that certain FINRA executives, including chief executive Mary Schapiro, received excessive pay. [read post]
9 Feb 2010, 12:26 pm by Page Perry LLC
Brokerage industry lobbyists and SEC Chairman Mary Shapiro are trying to change draft legislation to water down duties owed by brokers to customers. [read post]
5 Feb 2010, 1:59 pm by Jeffrey B. Gracer
During comments announcing the decision, SEC Chair Mary Schapiro emphasized that the Guidance is not meant create new law, and instead is aimed at providing consistency among corporate climate change disclosures, which have been marked by significant variability in scope and content, even among companies within the same industry. [read post]
5 Feb 2010, 12:27 pm by Securites Lawprof
FINRA's board of governors will review allegations that senior executives, including Mary Schapiro, received excessive compensation in 2008, despite the organization's operating losses. [read post]
4 Feb 2010, 9:15 am by Richard D. Worth
As Chairman Mary Schapiro noted, the SEC’s recent revisions will help ensure that “money market fund investors…have a better sense of the holdings, value and risk profile of their money market funds. [read post]
3 Feb 2010, 12:19 pm by James Hamilton
SEC Amends Money Market Fund RulesThe SEC has amended the rules for money market funds and SEC Chair Mary Schapiro said the new rules are only the beginning. [read post]
Contributors of posts to the Forum have included prominent business leaders such as Carl Icahn and Goldman Sachs CEO Lloyd Blankfein, prominent public officials such as SEC Chairperson Mary Schapiro, the UK’s Lord Turner and Seventh Circuit Judge Richard Posner, prominent lawyers such as Martin Lipton and Ira Milstein, and prominent academics such as Jeffrey Gordon, Marcel Kahan, Andrei Shleifer, René Stulz, Raghuram Rajan, and Luigi Zingales. [read post]
2 Feb 2010, 1:41 pm by Page Perry LLC
In addition to Bair, the commission heard from Securities and Exchange Commission Chairman Mary Schapiro, who said a program set up by the SEC in 2004 to supervise investment banks was a failure. [read post]
2 Feb 2010, 5:00 am
Chairman Mary Schapiro pointed out in her speech that the SEC is not commenting or opining on the issue of climate change; rather the guidance is intend to "provide clarity and enhance consistency" to help companies decide what does and does not need to be disclosed. [read post]
2 Feb 2010, 5:00 am
Chairman Mary Schapiro pointed out in her speech that the SEC is not commenting or opining on the issue of climate change; rather the guidance is intend to "provide clarity and enhance consistency" to help companies decide what does and does not need to be disclosed. [read post]
1 Feb 2010, 12:34 pm by Securites Lawprof
SEC Chairman Mary Schapiro and UK Financial Services Authority (FSA) Chairman Adair Turner and Chief Executive Hector Sants met in London today as part of the SEC-FSA Strategic Dialogue. [read post]
SEC
1 Feb 2010, 11:12 am by N. Peter Rasmussen
SEC, FSA Officials Meet to Continue Strategic DialogueSEC Chairman Mary Schapiro met with U.K. [read post]
In our 2009 “Mid-Year Review of SEC Enforcement,” we reviewed the transformation that had begun in 2009 at the SEC’s Division of Enforcement under the agency’s new Chairman, Mary Schapiro, and the Division’s new Director, Robert Khuzami, as well as the measurable increase in enforcement activity that had resulted. [read post]
31 Jan 2010, 9:18 pm
According to Securities and Exchange Commission Chairman Mary Schapiro, the agency is dealing with a number of credit crisis-related issues associated with money market mutual funds, asset-backed securities, and credit ratings. [read post]