Securities and Exchange Commission (SEC)

Sponsor's article > Accounting for revenue uncertainty

The past 20 years have seen an increasing focus on mark-to-market accounting when determining corporate profits. This has been accompanied by a dramatic growth in contracts where multiple complex contingencies interact to affect valuation. David Rowe…

Boston Options Exchange set for launch this Friday

The Boston Options Exchange (Box), a joint venture by the Boston Stock Exchange, Interactive Brokers Group and the Bourse de Montreal, is on course for launch this Friday (January 30) after successful completion of tests this weekend, a spokeswoman told…

SEC probes NYSE report

The Securities and Exchange Commission (SEC) has opened an investigation into matters raised in a December 2003 report to the New York Stock Exchange (NYSE's) Board of Directors, prepared by independent counsel Dan Webb.

A window on transparency

Hedge funds will no doubt start 2004 where they left off in 2003 - as the investment vehicles of choice for private and institutional investors looking for the best opportunities for decent returns.

Self-regulation: Speak no evil

In an effort to head off any attempts by regulators to mount Spitzer-style investigations into credit research, banks under the aegis of the BMA are formulating proposals to self-regulate.

SEC publishes its own Basel II framework

The US Securities and Exchange Commission (SEC) has finally posted its proposals for its own Basel II framework for broker-dealers and investment bank holding companies on its website.

SEC brings landmark case against teenage hacker

The Securities and Exchange Commission (SEC) has filed a complaint against a teenager that it alleges perpetrated a complex options scam. This is the first time the US regulator has brought a securities fraud case against an alleged hacker.

US SEC to begin work on Basel II rules

The US Securities and Exchange Commission (SEC) will soon issue a set of proposals, consisting of rule amendments and new rules, to create two separate voluntary regulatory frameworks for the supervision of broker-dealers and their affiliates on a…

US SEC to begin work on Basel II rules

The US Securities and Exchange Commission (SEC) will soon issue a set of proposals, consisting of rule amendments and new rules, to create two separate voluntary regulatory frameworks for the supervision of broker-dealers and their affiliates on a…

Philippines SEC drafts FX reporting guidelines

PHILIPPINES - The Philippines' Securities and Exchange Commission (SEC) last week announced draft guidelines on the preparation of foreign currency-denominated financial statements for corporations in the country.

Enron files complaint against six of its former banks

Houston-based Enron last month filed a court complaint against six of its former banks, claiming they gave bad financial advice that contributed to its demise in late 2001. As a bankrupt company, Enron is required to try to recover as much as it can for…

System-ready for Sarbanes-Oxley

Energy companies are not alone in having to review their operations to comply with the Sarbanes-Oxley Act. Energy software suppliers, too, are looking at their systems, although most are confident they are already well prepared, finds Clive Davidson

ISE moves closer to equity index options trading

New York-based electronic equity options market, the International Securities Exchange (ISE), has stepped up its attempts to go head-to-head with the Chicago Board Options Exchange (CBOE) in trading equity index options by unveiling its first product,…

How to run a market

Former-derivatives-trader-turned-author Frank Partnoy wants to see tougher accounting standards and risk disclosures to deter corporate crooks. But are the regulators listening? Maria Kielmas reports

Exceptional Rates of Failure

With industry exception rates so high that the word exception is hardly appropriate, some firms are taking drastic steps. Among them: demanding that partners meet minimum standards to continue getting business.

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