PCAOB, GAAS and Broker-Dealers
Banking, Public Companies and Securities The SEC has issued interpretive guidance regarding the meaning of the term “generally accepted auditing standards” (“GAAS”) after adoption of the Dodd-Frank Act. Section 982 of the Dodd-Frank Act amended the Sarbanes-Oxley Act of 2002 to authorize the Public Company Accounting Oversight Board (“PCAOB”), among other things, to establish, subject to approval by the SEC, […] Read more →
Financial Stability Oversight Council will Hold First Meeting on October 1
Banking Treasury Secretary Tim Geithner, in his capacity as chairperson of the Financial Stability Oversight Council, announced that the Council will hold its first meeting on October 1,... Read more →
Consumer Financial Protection Bureau Gets Underway
Uncategorized Pursuant to the Consumer Financial Protection Act of 2010 (“CFP Act”), which is part of the Dodd-Frank Act, the Secretary of the Treasury has designated July 21, 2011, as the... Read more →
Schapiro on Security-Based Swaps
Banking, Public Companies and Securities SEC Chair Mary Schapiro gave her thoughts on some of the implications of the Dodd-Frank Act for security based swaps in remarks given to the Security Traders Association. Ms.... Read more →