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: The Corporate Counsel.net BlogNow Available: CIFiR's Final Report
By broc
Now Available: CIFiR's Final Report
On Friday, the SEC's Advisory Committee on Improvements to Financial Reporting (CIFiR) issued its final 172-page report.
The final report has 25 recommendations for implementation by the SEC, FASB and PCAOB. Although the report is probably most important for accountants, it certainly has implications for lawyers and IROs/corporate communications. And these recommendations are likely to be taken seriously - the SEC already has acted on two of the recommendations: mandatory XBRL and guidance on company websites.
Posted: SEC's Interpretive Release on Corporate Use of Websites
On Friday, the SEC posted its interpretive release on corporate use of websites. I'm off on vacation soon - and Dave is already floundering on a beach - so it's gonna be a while before we dribble out some original thoughts...
Last SEC Commissioner Sworn In
On Friday, Troy Paredes was sworn in as a SEC Commissioner. The gang's all there now - and I imagine the shareholder access debate will resume as Chairman Cox has promised. By my count, there is a total of twelve Commissioners that have served in that capacity during the access debate...
Our August Eminders is Posted!
We have posted the August issue of our complimentary monthly email newsletter. Sign up today to receive it by simply inputting your email address!
- Broc Romanek
Full post as published by The Corporate Counsel.net Blog on August 04, 2008 (boomark / email).
Mitchell Report Summary
Report on Steroid Drug Use in Major League Baseball by Senator George Mitchell
Truth In Lending Act
Consumer Loans and Consumer Credit Protection Act
Final Fantasy XI
Square Enix Faces Class Action over Deceptive Fees and Payments
Bank Website Security
New Report Finds Widespread Flaws
Operating Room Fires
Hundreds Injured During Surgery, New Report Shows
Parmalat SpA
Italy's biggest dairy company awaits final approval for a securities settlement that would pay investors $10.5 million
Tree Stands
Ardisam Inc. pays $420,000 settlement for failing to report defective product to government officials.

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