The joke in Washington is that Gary Gensler could inspire his own version of the game, “Drink Every Time…” The rules: Down a shot every time the U.S. Securities and Exchange Commission chief says he’s “asked the staff” to consider new regulations. Gensler has “asked the staff” about oversight for crypto — drink. For online brokers — drink. For green…
The Securities and Exchange Commission’s review of companies’ earnings per share has brought cases against three firms over the past year or so, and could come into greater focus under the regulator’s new leadership. The initiative, launched a few years ago, reviews earnings per share for the majority of U.S. public companies at least once a year, looking to spot…