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Governance: SEC takes action against defaulters

The USA's Securities and Exchange Commission has ordered that administrative proceedings be commenced for the protection of investors in several companies that have failed to make required filings.



Governance: USA imposes reporting re internal controls

The USA's Securities and Exchange Commission has announced that the smallest publicly reporting companies will begin complying in nine months with the final portion of a key provision of a 2002 corporate governance law that requires companies to...



Governance: SEC wraps up Uncommon Media Group actions

The USA's SEC has at last ended its long-running actions regarding the Uncommon Media Group. And it's not the expected result.



Governance: Former Arthur Andersen partner suspended by SEC

Daniel F Stulac, CPA, was a partner at Arthur Andersen and in charge of the Audits of Peregrine Systems, inc for the Y/E September 2001. The SEC has alleged that Peregrine fraudulently inflated its figures - and Stulac knew or was reckless in re...



Governance: KPMG partners banned in Aus over Westpoint

ASIC, the companies regulator in Australia, has accepted undertakings from three partners in KPMG's Perth Office which handled the Wespoint audit. They have agreed to a ban on audit work for up to two years.

Governance: SEC seeks refund under SARBOX

On 22 July, 2009, the Securities and Exchange Commission asked the U.S. District Court for the District of Arizona to order the former chief exec...



Governance: Hong Kong company chairman guilty of filing false or misleading statements

Hong Kong's Court of Final Appeal has dismissed an appeal by former chairman of Daido Group Ltd (Daido Group), To Shu Fai, against his conviction...

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Governance