Daily Archives: March 4, 2020, 3:40 pm

SEC Provides Conditional Regulatory Relief and Assistance for Companies Affected by the Coronavirus Disease 2019 (COVID-19)

Today, the Securities and Exchange Commission announced that it is providing conditional regulatory relief for certain publicly traded company filing obligations under the federal securities laws. The impacts of the coronavirus may present challenges for certain companies that are required to provide information to trading markets, shareholders, and the SEC. These companies may include U.S. companies located in the affected areas, as…

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SEC hits Cardinal Health with accounting violations | CFO Dive

Ohio-based pharmaceutical company Cardinal Health will pay more than $8 million to resolve charges it violated the books, records and internal accounting controls provisions of the Foreign Corrupt Practices Act, the SEC announced Monday. Cardinal’s internal accounting controls were insufficient to detect improper payments made by employees of its former Chinese subsidiary, the SEC said. via SEC hits Cardinal Health…

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