The SEC’s ESG Task Force, created only one year ago to proactively identify ESG-related misconduct, has fined a Bank of New York (“BNY”) Mellon advisory unit for $1.5 million over alleged ESG disclosure failures. According to the ESG Task Force, BNY Mellon Investment Advisory Inc. provided clients with false assurance that certain fund investments had […]
SEC
Foreign Corrupt Practices Act
The Foreign Corrupt Practices Act of 1977 (FCPA) makes it unlawful for certain persons and entities to make payments or promises of payments to foreign government officials to assist with obtaining or retaining business. The FCPA also requires publicly traded companies (issuers) to maintain accurate books and records and to have a system of internal […]
SEC Enforcement Updates
Veris from Ocean Tomo Managing Director Carey Miller will moderate a Fireside Chat regarding recent trends and updates on SEC enforcement on Thursday, October 14th, from 1-2pm EST. The panel is sponsored by the AICPA’s Forensics and Valuation Services (FVS) Section. Registration for the virtual event is free and can be found here. The Fireside […]