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Sarbanes Oxley Act

Commonly Encountered Federal Business Fraud Statutes

Brad Reid | Posted 01.04.2017 | Business
Brad Reid

Violating a federal fraud statute easily becomes a personal and business disaster. This comment provides a brief and incomplete educational overview o...

Unfair Competition

Steven Clifford | Posted 04.29.2015 | Comedy
Steven Clifford

Last week the Sarbanes-Oxley act of 2002 was again in the news. I can't compete with Sarbanes-Oxley. I can't make up stuff this good.

How Entrepreneurs Can Raise Capital With Ease

Lili Balfour | Posted 11.19.2014 | Business
Lili Balfour

The future looks bright for early-stage companies seeking capital as we prepare to celebrate the one-year anniversary of the JOBS Act - Title I.

10 Tips Whistleblowers Need to Know to Protect Themselves

Steve Mariotti | Posted 10.01.2014 | Business
Steve Mariotti

Are you an employee at a company that is financially corrupt, or engaging in cover-ups of unethical or illegal behavior? If you're thinking of blowing...

Mitt Romney, Wall Street Money and the Housing Crisis: For the Captors, Not the Rescuers

Dan Petegorsky | Posted 11.19.2012 | Politics
Dan Petegorsky

Voters as well as reporters covering the campaign need to challenge the candidate to provide much more information and many more answers than he's given to date. Otherwise we're left to conclude that he's essentially a shill for the very greediest.

How Peregrine Financial Got Around A Law Designed To Prevent Corporate Fraud

Reuters | Posted 09.28.2012 | Business

By Kevin Drawbaugh and Dena Aubin July 29 (Reuters) - When Peregrine Financial collapsed earlier this month, a nagging question resurfa...

SEC Should Use Wall Street Technology to Detect Corporate Crime

Sanjay Sanghoee | Posted 08.01.2012 | Business
Sanjay Sanghoee

Sadly but fortunately, there has been enough fraud, insider trading and other white collar crime in the United States over the past few decades to enable the SEC to create templates for major types of crimes and to tag the telltale signs of those crimes.

Does Anyone Ever Take Responsiblity for Anything Now?

Mitch Feierstein | Posted 07.31.2012 | Business
Mitch Feierstein

Transparency? Accountability? Responsibility? That's for little people. Consequences? Forget it: If you're rich, there are none. We live in Leona Helmsley's world now, and it's not a good place to be.

Wall Street Reform: Taking a Knife to a Gunfight

Sanjay Sanghoee | Posted 07.24.2012 | Business
Sanjay Sanghoee

If Congress is truly serious about banking reform, it needs more than just well-intentioned laws: it also needs the right people to enforce those laws, it needs to give those people the resources they require to do their job properly, and it needs to pay them decently.

Stakeholder Relationships: Key to a Sustainable Enterprise

John Friedman | Posted 06.13.2012 | Business
John Friedman

Each relationship is an intangible asset of the business. As any accountant will tell you, assets can either appreciate or depreciate or hold their value.

Stephen Bainbridge's Corporate Governance After the Financial Crisis

Robert Teitelman | Posted 04.24.2012 | Books
Robert Teitelman

In his new book, Corporate Governance after the Financial Crisis, UCLA law professor and popular blogger Stephen Bainbridge provides a longer historical perspective on one aspect of this choking proliferation of rulemaking.

A Resurgent Middle Class Versus Government of the CEO

Matt Browne | Posted 03.25.2012 | Politics
Matt Browne

Americans are being confronted by a conservative vision, in which greater corporate freedom will hopefully create wealth that might one day trickle down. Mitt Romney is promising government of the CEO, by the CEO, for the CEO.

An Overview of Dismissed SOX Whistleblowers' Complaints

Brad Reid | Posted 11.26.2011 | Business
Brad Reid

A recent Department of Labor news release stated that a financial institution was ordered to reinstate a fired employee and pay him $930,000 for viola...

Labor Dept.: Bank Of America Used 'Illegal Retaliatory Tactics' Against Worker

Posted 11.14.2011 | Business

WASHINGTON (Reuters) - Bank of America Corp must reinstate a Countrywide whistle-blower fired shortly after the two companies merged in 2008 and pay t...

'Front Running' Against Humanity in the Oil Markets

Stephen Zarlenga | Posted 10.26.2011 | Business
Stephen Zarlenga

There's no reason to allow wealthy speculators to position themselves between the world's limited oil supplies and those who have to use that oil to keep the world economy functioning.

The Startup Act: A Proposal To Jumpstart The American Economy

Carl J. Schramm | Posted 09.19.2011 | Business
Carl J. Schramm

It's time to re-start America by jump-starting our startup engines of growth. We have no time to waste.

IKB's CEO Found Guilty of Market Manipulation -- Some U.S. Bank CEO's Should Also Face Charges

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

In this post-Sarbanes-Oxley world, U.S. CEOs and CFOs should also be held accountable for their rosy statements during this period, along with their SEC filings.

The Supreme Court's PCAOB Ruling and Wall Street's Self-Regulation

Bill Singer | Posted 05.25.2011 | Business
Bill Singer

On June 28, 2010, the United States Supreme Court held in Free Enterprise Fund et al. v. Public Company Accounting Oversight Board et al. that Sarbanes-Oxley unconstitutionally restricted the President of the United States.

Suitability, Innovation and Meaningful Regulatory Reform

Dennis Santiago | Posted 05.25.2011 | Business
Dennis Santiago

Why isn't one of the pillars of emerging financial regulatory reform the institution of a "Black Swan" test that examines new financial product innovation and subjects it to some form of systemic risk consequence test?

Next, Banking Reform

Robert Kuttner | Posted 05.25.2011 | Business
Robert Kuttner

It was a pleasure to see President Obama exercise some leadership and muscle towards health reform. Now, we need to see a similar display of presidential leadership on financial reform.

Do Your Controls Create Complexity?

Ron Ashkenas | Posted 05.25.2011 | Business
Ron Ashkenas

Unless you periodically step back and assess the cost and benefit of control procedures and policies, you run the danger of creating more complexity than competitive advantage.

Shahien Nasiripour

House Panel Votes To Permanently Exempt Small Firms From Part Of Post-Enron Law | Shahien Nasiripour | Posted 05.25.2011 | Business

A House panel voted Wednesday to permanently exempt more than half of all publicly traded companies from a seven-year-old post-Enron measure designed ...

Fixing One Wall Street Scandal, Forgetting the Last

Rep. John Sarbanes | Posted 05.25.2011 | Business
Rep. John Sarbanes

When companies of any size choose to access the capital markets, they hold themselves to a higher standard. Investors deserve the same level of reliable financial reporting from all public companies.

Shahien Nasiripour

House Democrats John Adler, Carolyn Maloney Move To Weaken Investor Protection Bill | Shahien Nasiripour | Posted 05.25.2011 | Business

Two House Democrats are planning to introduce amendments Tuesday to exempt small- and medium-sized companies from a key post-Enron reform. Consumer ad...

Shahien Nasiripour

Obama Administration Helps House Democrat Gut Post-Enron Reforms | Shahien Nasiripour | Posted 05.25.2011 | Business

With the White House's blessing, a House panel voted Tuesday to water down a key post-Enron measure designed to protect investors. In a voice vote, m...