FICC GOV Alert! Effective September 02, 2022 Citadel Equity Fund Ltd. and Citadel Quantitative Strategies Master Fund Ltd. will be added as Sponsored Members of the Government Securities Division.
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SEC Alert! SEC Charges Advisory Firm and Executives with Devising an Elaborate Scheme to Defraud Clients out of More Than $75 Million through complex investment structures and a web of affiliate companies and allegedly used the proceeds to pay themselves
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SEC Alert! Paul Munter (Acting Chief Accountant) Statement - Auditor Independence and Ethical Responsibilities: Critical Points to Consider When Contemplating an Audit Firm Restructuring
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Introduction โ Complex Business Relationships and Audit Firm Restructurings[1]
Auditor independence and a culture of professional ethical behavior are critical to an audit firmโs ability to fulfill its gatekeeper responsibilities.[2] Accounting firms must keep these responsibilities in mind in all contexts, including when exploring complex business relationships
SEC & Whistleblower Alert! Statement from Commissioner Mark T. Uyeda who OPPOSES the SEC's amendments about Whistleblower rules aimed to Incentivize Whistleblower Tips.
Source: https://www.sec.gov/news/statement/uyeda-statement-whistleblower-program-082622
Commissioner Mark T. Uyeda:
While I support the important work of the staff in the Office of the Whistleblower in their efforts to arrive at an appropriate result in evaluating claims, I am unable to support todayโs amendments.
The Commission is
SEC & Whistleblower Alert! Statement from Commissioner Hester M. Peirce who OPPOSES the SEC's amendments to Whistleblower rules aimed to Incentivize Whistleblower Tips.
Source: https://www.sec.gov/news/statement/peirce-statement-whistleblower-program-082622
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NSCC Alert! Order Approving of Proposed Rule Change to Enhance Capital Requirements and Make Other Changes
SR-NSCC-2021-016
34-95618
Description of the Proposed Rule Change:
NSCC proposes to amend its Rules to (A) increase the capital requirements applicable to its members, 10 (B) revise its credit risk monitoring system, and (C) make certain other clarifying, technical, and supplementary changes to implement changes (A) and (B).
As is
Whistleblower Alert! SEC Amends Whistleblower Rules to Incentivize Whistleblower Tips. The first rule change allows the Commission to pay whistleblowers for information and assistance in connection with non-SEC actions.
Whistleblower Alert! SEC Amends Whistleblower Rules to Incentivize Whistleblower Tips. The first rule change allows the Commission to pay whistleblowers for information and assistance in connection with non-SEC actions. The second rule affirms authority to consider amount of award and increase award
Source: https://www.sec.gov/news/press-release/2022-151