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Tag: Gary Gensler

Public Company Accounting Oversight Board Moves to Investigate Foreign Auditors

Earlier this month, Securities and Exchange Commission Chair Gary Gensler fired a warning shot at China-connected companies. In a Wall Street Journal op-ed, the head of the regulatory agency warned that by early 2024, it may need to prohibi...

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Nottingham’s New Sheriff Hunts Robinhood

Nottingham’s New Sheriff Hunts Robinhood

Nottingham’s New Sheriff Hunts Robinhood

It was a summer of highs and lows for Robinhood Markets, the stock-trading app of armchair investors. The online brokerage celebrated going public in July. In fitting fashion, it offered a third of the shares in its initial public offering...

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Gensler Looks to Tighten Rules for 10b5-1 Plans

While their companies were busy last year developing vaccines to help fight the coronavirus, executives at major pharmaceutical companies were busy cashing in on stock sales. Their trades involved more than 8.5 million shares of stock and p...

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SEC Blesses Nasdaq’s New Rules for Board Diversity

SEC Blesses Nasdaq’s New Rules for Board Diversity

SEC Blesses Nasdaq’s New Rules for Board Diversity

The Securities and Exchange Commission last week approved a request from the Nasdaq stock exchange to enact rules that would prod listed companies to diversify their boards of directors. We previously told you late last year about what Nasd...

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Gensler’s Crypto Campaign Starts to Take Shape

Gensler’s Crypto Campaign Starts to Take Shape

Gensler’s Crypto Campaign Starts to Take Shape

Cryptocurrency evangelists are quick to tell you that digital money will be the foundation of our monetary system in the future. On that theory, at least, it counts as “infrastructure.” Capitol Hill lawmakers apparently agreed when they stu...

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