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Showing 11 - 20 of 87 results for "US Securities and Exchange Commission"

SEC to standardise climate disclosures

ELIZABETH MCARTHUR  |  TUESDAY, 22 MAR 2022
In a significant change, the US Securities and Exchange Commission (SEC) proposes all entities it regulates should have to disclose climate change-related factors including greenhouse gas emissions. The proposal would mean companies regulated by the ...

ASIC review of ESG products underway

JAMIE WILLIAMSON  |  THURSDAY, 8 JUL 2021
... taxonomy that seeks to define what can be considered sustainable or climate friendly, and the US Securities and Exchange Commission task force aiming to identify gaps or misstatements in ESG disclosures. Armour also encouraged boards to look out for ...

James Murdoch launches SPAC

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... between Murdoch's private holding company Lupa Systems and Shankar. Papers filed with the US Securities and Exchange Commission describe Seven Islands as a $300 million blank cheque company, newly incorporated in the Cayman Islands. It hasn't selected ...

Regulator frets over SPAC boom

ELIZABETH MCARTHUR  |  FRIDAY, 16 APR 2021
... it has concerns around the rapid growth of Special Purpose Acquisition Companies (SPACs). US Securities and Exchange Commission acting director for the division of corporate finance John Coates said there are concerns around fees, conflicts, sponsor ...

Bernie Madoff dies in prison

ELIZABETH MCARTHUR  |  THURSDAY, 15 APR 2021
... his terminal kidney failure. In May 2020, Madoff's life expectancy was 18 months. The US Securities and Exchange Commission (SEC) had conducted five major investigations into Madoff, dating back to 1992, but had failed to find evidence of his fraud ...

Goldsky director charged

ELIZABETH MCARTHUR  |  TUESDAY, 13 APR 2021
... operating a financial services business without an Australian Financial Services licence. The US Securities and Exchange Commission filed a civil suit against Goldsky Asset Management and Grace in 2018 after ASIC assisted in its investigation.

Deutsche Bank fined for alleged bribery

ANNABELLE DICKSON  |  MONDAY, 11 JAN 2021
The US Securities and Exchange Commission (SEC) has fined the bank for falsifying payment documentation in relation to third-party intermediaries. Deutsche Bank has agreed to pay more than US$120 million for violations of the Foreign Corrupt Practices ...

GE, Cheesecake Factory pursued for disclosure violations

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
The US Securities and Exchange Commission (SEC) has kicked off the festive season by cracking down on misleading disclosures about cashflow and profitability. On December 4, the SEC announced it would be charging the Cheesecake Factory for misleading ...

Nasdaq proposes diversity rules

KARREN VERGARA  |  THURSDAY, 3 DEC 2020
... an underrepresented minority or LGBTQ+ on boards. Nasdaq has filed the proposal with the US Securities and Exchange Commission that also requests companies to publicly disclose "consistent, transparent diversity statistics" regarding the composition ...

Invesco advances active non-transparent ETF

KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
... the final regulatory stage of having its active non-transparent ETF model approved. The US Securities and Exchange Commission (SEC) published a notice regarding the firm's exemptive application, "indicating its plan to grant the needed relief subject ...