The Slippery Slope to Fraud
In this detailed and insightful report, the Center for Audit Quality details
how financial-accounting fraud can sometimes creep up on a company
that would never have expected to become so embroiled in it.
Big, Broad Bankruptcy Bill
The Second Circuit expanded the extent to which the 2005 Bankruptcy Abuse Prevention and Consumer
Protection Act applies to bankruptcy lawyers. In a recent
opinion, that court went beyond the Supreme Court's application
of the law in Milavetz to include other provisions of
the act not considered by the Supreme Court.
FREEEEEDOM (of Information)!
Only a few months old and the 2010 Dodd-Frank Wall Street Reform
and Consumer Protection Act has already been amended. President
Obama signed a measure altering the FOIA treatment
under the act. The new law makes any entity the SEC is responsible
to regulate, supervise, or examine a "financial
institution" as defined in the FOIA. The change clarifies that
the
