PCAOB Reproposes Standards on Assessing Risk for Additional Comment

The PCAOB has reproposed for comment seven auditing standards and related amendments on the requirements for assessing risk during an audit. The reproposed standards respond to the comment letters that were submitted on the initial October 21, 2008 proposal. The Board has described these standards as the foundation for future standard setting. The standards cover […]

Obama Proposes Bank Fee to Recoup TARP Funds

By Sarah Borchersen-Keto, CCH Washington News Bureau, Contributing Author, the CCH Federal Banking Law Reporter, Jan. 14, 2010. President Obama, citing reports of “massive profits and obscene bonuses” in the financial sector, is proposing a Financial Crisis Responsibility Fee to be imposed over a 10-year period on financial firms with consolidated assets exceeding $50 billion. […]

Wall Street Firms Acknowledge Mistakes

By Sarah Borchersen-Keto, CCH Washington News Bureau, Contributing Author, the CCH Federal Banking Law Reporter, Jan. 13, 2010. The heads of major Wall Street financial institutions, appearing before a commission examining the causes of the 2008 financial crisis, acknowledged that their firms had made mistakes and called for stronger regulation that balances innovation and safety. […]

White House Considering Bank Fees to Recoup Bailout Funds

By Sarah Borchersen-Keto, CCH Washington News Bureau, Contributing Author, the CCH Federal Banking Law Reporter, Jan. 12, 2010. The White House is considering implementing a fee on banks in an effort to recoup Troubled Asset Relief Program (TARP) funds made available to the industry during the financial crisis, administration spokesmen said. “That’s one idea that’s […]

Dodd Will Not Seek Re-Election in November

By Sarah Borchersen-Keto, CCH Washington News Bureau, Contributing Author, the CCH Federal Banking Law Reporter, Jan. 6, 2010. Senate Banking, Housing and Urban Affairs Committee Chairman Chris Dodd, D-Conn., announced January 6 that he will not seek re-election to the Senate this November. “This is my moment to step aside,” Dodd said, noting that “this […]

Aspen Publishers Offers Must-read Book for Women Considering a Career in the Law

(RIVERWOODS, ILL., January 5, 2010) – Aspen Publishers now offers a unique, new resource for women considering a career in the law. Best Friends at the Bar: What Women Need to Know about a Career in the Law addresses the realities of law firm practice, especially in large firms, and gives pre-law students, law students and […]

Supreme Court Oral Argument in PCAOB Case Centers on SEC Control and Presidential Removal Powers

Oral arguments before the Supreme Court in the case deciding the PCAOB’s constitutionality focused on the SEC’s pervasive control over the Board and the President’s control over the SEC. The case, which was brought by an audit firm, is before the Court on a grant of certiorari of a split panel ruling of the D.C. […]

SEC Proposes Amendments to Offering Communication Rule

The SEC has proposed amendments to 1933 Act Rule 163(c) to permit well-known seasoned issuers, known as WKSIs, to authorize an underwriter or a dealer to act as its representative in communications about the offering of securities prior to the filing of a registration statement (Rel. No. 33-9098, December 18, 2009). If adopted, the amendments […]

Benefits Update – January 2010

From the editors of CCH’s BENE and BAN products, here are hot topics from recent Employee Benefits Management Directions newsletters as well as recent explanatory updates in Employee Benefits Management. Also included are recent explanatory updates to the Benefits Answers Now product. If you have any comments/suggestions concerning the information provided or the format used, […]

International Arbitration in Today’s Latin America: Is It Where It Should Be?

THIS EVENT IS NOW ARCHIVED AND AVAILABLE ON DEMAND Date/Time: December 8, 2009, 11:30am EST   Si desea registrarse para la presentación en español, por favor haga oprima aquí: http://mediazone.brighttalk.com/event/WoltersKluwer/62dad6e273-3315-intro Kluwer Law International invites you to this live Webcast, in which a distinguished panel of international and local experts will discuss the latest developments and […]