SEC Enforcement Activity: Public Companies and Subsidiaries—Fiscal Year 2021 Update
The U.S. Securities and Exchange Commission filed fewer enforcement actions against public companies and subsidiaries in fiscal year 2021, the lowest total in seven years.
Accounting and Auditing Enforcement Activity—2020 Review and Analysis
The SEC and PCAOB publicly disclosed 63 accounting and auditing enforcement actions during 2020. Monetary settlements totaled more than $1.4 billion.
Former SEC Officials Predict SEC Priorities
The author discusses potential changes to disclosure and enforcement policies at the Securities and Exchange Commission under the Biden administration.
Cross-Market Manipulation Under the Microscope
The authors discuss illustrative cross-market manipulation enforcement cases and their implications for market participants in the EU, UK and US.
Financial Reporting Investigation Following SEC Inquiry
Cornerstone Research was retained by counsel for an investigation into an entity’s financial statement close and reporting process in response to issues raised by the SEC.
Revenue and Financial Reporting Internal Investigation
Cornerstone Research analyzed accounting and business records for a healthcare-related company.
Jennifer Marietta-Westberg Joins ILE Board of Directors
Dr. Marietta-Westberg was invited to serve on the board of directors at the Institute for Law and Economics at the University of Pennsylvania.
Leveraged and Inverse ETFs
On behalf of a financial institution, Cornerstone Research examined investor trading activity in leveraged and inverse ETFs.
Trading in ETF Basket Securities by an Authorized Participant
Counsel for an ETF sponsor retained Cornerstone Research to examine the potential manipulation of the NAV of certain fixed-income ETFs through trading in the market for the underlying bonds.
Trading in ETF Shares by Affiliated Parties
Cornerstone Research assisted a financial institution with its internal investigation into trading in ETF shares by affiliated parties.
Valuation of Odd-Lot Holdings of Securities by ETFs
The SEC did not pursue its investigation into the ETFs’ valuation of certain odd-lot holdings.
Regulatory Matter Involving Alleged Failure of an Auditor to Detect Fraud
The regulator ended its investigation without filing charges in an investigation involving a foreign affiliate of a large audit firm.
How can we help you?
If you are looking for a publication not on our website, contact us.