Whistleblower Rules under Dodd Frank Act
...and Commodities Futures Trading Commission to implement rules to pay cash awards of up to 30% in settlements over $1 million to whistleblowers who voluntarily provide original information about violations of the Securities laws and Commodity Exchange Act
Published on February 05, 2013
NCSL Article Patent Trolls Hefty Tolls
An article from the National Conference on State Legislatures describes how lawmakers are targeting shell companies that threaten small businesses with bogus claims of patent violations
Published on January 15, 2015
AICPA-Endorsed Amendment to Whistleblower Bill Approved
The AICPA and state CPA societies successfully urged members of the House Capital Markets Subcommittee to approve an amendment to a bill that would protect investors by strengthening the whistleblower program established under the Dodd-Frank Act.
Published on January 09, 2012
Consumer Financial Protection Bureau
This article outlines the AICPA's involvement with the development of the Consumer Financial Protection Bureau (CFPB). The AICPA was successful in winning recognition by House and Senate lawmakers of the vital role CPAs play in advising Americans on their financial decisions, thus preventing CPAs from reporting to a new regulatory body.
Published on April 03, 2013
AICPA Comments on IRS Proposed Regulations on Employee Stock Purchase Plans
AICPA commends the Treasury/IRS's effort to develop a comprehensive set of rules governing stock options issued under an employee stock purchase plan, but also asks for clarification on consistency rules for various terms and explanations to other issues.
Published on September 24, 2012
Potts v. SEC
Brief of amicus curiae for the AICPA in support of the petition of Robert D. Potts. The SEC sanctioned Potts for ""improper professional conduct"" in performing duties as a concurring reviewer during an audit of certain financial statements in 1988 and 1989.
Published on September 21, 2006
T. Jeffrey Simpson and California State Teachers Retirement System v. Homestore.Com, Inc.
The Supreme Court’s decision in Central Bank holding that there is no private right of action for aiding and abetting a violation of Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b) and Rule 10b-5 thereunder, 17 C.F.R. § 240.10b-5...
Published on December 20, 2004
AICPA Opposes Potential Change in DOL Fiduciary Rule for Appraisers of Employee Stock Ownership Plans
The CPA Advocate: July, 2013. The AICPA continues to advocate on behalf of CPA appraisers to be excluded from any rule proposal that would define them as fiduciaries under the Employee Retirement Income Security Act of 1974 (ERISA).
Published on July 18, 2013
Aiding and Abetting Liability
The AICPA supports leaving the enforcement for aiding and abetting with the SEC, not outsourcing the enforcement to plaintiff’s lawyers.
Published on September 24, 2012
AICPA Comments on Proposed Section 987 Foreign Currency Transaction Regs
These AICPA comments to IRS discuss various suggestions regarding the 2006 proposed regulations on section 987 foreign currency transactions.
Published on October 05, 2012