Sunday, September 5, 2010

PCAOB Members Removable at Will by SEC, but Board Won’t Be Abolished, Supreme Court Rules

The dual layers of good-cause protection from presidential firing enjoyed by the members of the Public Company Accounting Oversight Board violate…

SEC Adopts Adviser ‘Pay-to-Play’ Rule; Industry Welcomes Easing of Solicitor Ban

Securities and Exchange Commission members June 30 unanimously voted to adopt a new rule designed to curb pay-to-play practices by investment…

House-Passed Final Financial Reform Bill Would Exempt Small Issuers From Sarbanes-Oxley Section 404

On a 237-192 vote, the House June 30 approved the final version of a financial regulatory reform bill that among numerous other matters would exempt…

Supreme Court to Review Standard to Exempt Internal Practices from Freedom of Information Act Disclosure

The U.S. Supreme Court June 28 granted review to examine what the proper standard should be for withholding “internal personnel rules and practices” records from public disclosure under…

Supreme Court to Review Case Upholding Arizona’s Employer E-Verify Use Mandate

The U.S. Supreme Court June 28 agreed to review a federal appeals court decision upholding…

BNA INSIGHTS: Incipient Legislative Trend Toward ‘Credit Privacy’ Compels Restraint in the Use of Credit Checks for Employment Purposes

The collision of two tectonic trends is spawning a new form of employee privacy right with potentially significant implications for every business that…

Industry Groups Challenge EPA Vehicle, Tailoring Rules on Greenhouse Gas Emissions

Industry groups filed two lawsuits in the U.S. Court of Appeals for the District of Columbia Circuit June 29 challenging…

EPA Expects to Grant Partial Waiver for E15 Ethanol Blends for Newer Model Year Vehicles by September

The Environmental Protection Agency’s top air official, Gina McCarthy, said July 1 that the agency is likely to grant a partial waiver for 15-percent ethanol…