COVID-19 Tests Limits of Non-GAAP Reporting
How many times can you write off a one-time cost?
How often can a non-recurring expense recur?
What is the sound of one hand clapping?
These ...
Peirce Accuses SEC of Stifling Crypto Innovation
If you’ve ever watched a soap opera, you know two things. First, dramatic events will happen every day. Second, if you skip a year, the characters w...
Domestic Issuers Get Caught in U.S-China Crossfire
They’ve tariffed each other’s products. They’ve sanctioned each other’s officials. They’ve blamed each other for the pandemic. But as hostil...
LIBOR Transition Gets Real at SEC, OCIE
Remember when you were eight years old and your parents warned you to knock it off in the back of the car, and then warned you again, and then warned ...
U.S. Regulators Put Squeeze on Chinese Issuers
Unless your head has been buried in the sand for the past few months (and who could blame you?), you will be acutely aware of escalating tensions betw...
Disclosure Describes Strings Attached to PPP Funds
The Paycheck Protection Program provided a welcome lifeline to businesses in the midst of the pandemic. But for companies that have cashed their PPP c...