Two settled books and records cases filed by the SEC on Tuesday raise significant questions about the Commission’s enforcement program. Both are based on years-old conduct, an issue discussed here. One raises significant questions about prosecutorial discretion and why the …

Two Financial Cases: More Questions about the SEC’s Enforcement Program Read More »

The SEC closed a potential loop hole in the auditor independence rules in two related administrative proceedings involving Ernst & Young and a consultant retained by the firm. In The Matter of Ernst & Young LLP, Adm. Proc. File No. …

Directors, Consultants And Auditor Independence Read More »