In its decision in Stoneridge yesterday, the Supreme Court handed down a decidedly pro-business decision, rejecting the notion of “scheme liability.” At the same time, the Court rejected an opportunity to dramatically narrow the scope of liability under the securities …

Stoneridge: Pro-Business, Pro-SEC Enforcement, Not The “Decision of the Century” Read More »

On Friday, the SEC’s Advisory Panel on accounting approved recommendations to the financial reporting system. The group, led by Robert Pozen, chairman of MFS Investment Management in Boston and former vice chairman of Fidelity Investments, agreed to a number of …

Initial Recommendations from SEC’s Advisory Panel On Financial Reporting Read More »