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Author: Phil Brown

Bird on twig with worm

Five Lessons from Early Comment Letters on COVID-19

Bird on twig with worm

It’s still early, but we’re starting to learn more about how the SEC is policing disclosures around the pandemic. Like the disease itself, SEC comment letters take time to surface, and those we are seeing now are from the early days of the...

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Hand print brushed for forensics in corpfin

As Comment Letters Decrease, SEC Keeps Focus on Non-GAAP Accounting

Hand print brushed for forensics in corpfin

If you’re seeking evidence of the Securities and Exchange Commission’s deregulatory bent in the Trump administration, look no further than the number of comment letters being issued by the agency each year. Since Jay Clayton took over as ch...

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Coronavirus Diagnoses Pose a Disclosure Dilemma

A Basketball court with desert background

The coronavirus scare unofficially started in the United States on March 11. That was the day NBA all-star Rudy Gobert of the Utah Jazz tested positive for COVID-19, a development that brought the entire league to a screeching halt. That sa...

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A number 35 relief valve

SEC Eases Audit Requirements for Smaller Companies

A number 35 relief valve

It takes a lot to break through the coronavirus-centric news cycle, but this development in the world of financial regulation does the trick. Last week, the Securities and Exchange Commission adopted changes that will cut back on auditor at...

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Princeton University Building holding shareholder meeting

Coronavirus Likely Means More Virtual Shareholder Meetings

Princeton University Building holding shareholder meeting

Students at Princeton University received a surprising message from the school yesterday morning: Don’t come back from spring break. Instead, the Ivy League institution is going online as part of a “social distancing” policy to contain the...

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