SEC Panel Advances Plan to Force Investor Focus on Rulemaker
Details
- Publish Date:
- September 21, 2022
- Author(s):
-
- White, Nicola M.
- Source:
- Bloomberg Law
- Related Person(s):
- Related Organization(s):
Summary
The US Securities and Exchange Commission needs to make investor-focused oversight changes to the group that sets accounting rules for US companies, an SEC investor panel voted Wednesday.
“In short, we’ve seen the investor community increasingly express the view that the FASB does not prioritize the interests of investors,” said Colleen Honigsberg, associate professor at Stanford Law School, referring to the Financial Accounting Standards Board.
Read More