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Category: News

On Voting Law Debate, Issuers Have No Place to Hide

On Voting Law Debate, Issuers Have No Place to Hide

On Voting Law Debate, Issuers Have No Place to Hide

In 1990, Michael Jordan uttered a throwaway comment to teammates about calls to support a Democratic candidate in a U.S. Senate race in his home state of North Carolina. “Republicans buy sneakers, too,” joked Jordan, who, at the time, was t...

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Bitcoin Accounting Keeps Crypto-Gains Under Wraps

Bitcoin Accounting Keeps Crypto-Gains Under Wraps

Bitcoin Accounting Keeps Crypto-Gains Under Wraps

Forget about the tree in the forest. Here’s a new conundrum for public companies to consider: If you make massive gains on bitcoin but can’t brag about it to shareholders, was the investment worth making in the first place? There are plenty...

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SEC's Gary Gensler Batting .500 with Initial Appointments

Gensler Batting .500 with Initial Appointments

SEC's Gary Gensler Batting .500 with Initial Appointments

Newly installed Securities and Exchange Commission Chair Gary Gensler has wasted no time making personnel announcements since his April 17 confirmation. But of the two biggies he’s made thus far, only one is still standing. That’s a .500 av...

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Accounting Issues Warrant Caution on SPACs

Accounting Issues Warrant Caution on SPACs

Accounting Issues Warrant Caution on SPACs

If you need proof that no good deed goes unpunished, look at Luminar Technologies. Like so many other companies in recent years, it went public through a SPAC merger. But when it did the right thing and posed an accounting question to the ...

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ESG Uncertainties Could Cause Clashes

ESG Uncertainties Could Cause Clashes

ESG Uncertainties Could Cause Clashes

Suddenly, a whole lot is riding on how well public companies perform on ESG metrics. Last week, we told you about the emergence of sustainability-linked loans, the latest generation of so-called green loans. Major multinationals such as Bla...

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