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Regulators around the world are worried that a rise in audit firms’ consulting business and a corresponding slowdown in the growth of revenues from traditional audits will hurt the quality of those audits, a member of the Public Company Accounting Oversight Board says. via Regulators Fear Big Data Threatens Audit Qualit — CFO
In its recently released annual analysis of securities class action litigation, PricewaterhouseCoopers observes that while 2013 may not have been a particularly noteworthy year in the securities class action litigation arena, “significant events and announcements in 2013 have set the stage for potentially sweeping changes in the future.” via PwC 2013 Securities Litigation Report Asks […]
In a purge of computerized markets, prompted by public outrage unleashed by Michael Lewis’ “Flash Boys,” the SEC’s campaign will see numerous enforcement actions, new rules and new business practices — a sweeping overhaul that could benefit the beleaguered New York Stock Exchange, The Post has learned. via SEC nixes high-frequency trading platforms — New […]
Get caught up with the Securities Docket News Wire for April 14, 2014.