On Friday, the SEC reaffirmed the FASB as the accounting standards setter - and recognized the PCAOB as the auditing standard setter. See http://www.sec.gov/news/press/2003-53.htm and http://www.sec.gov/news/press/2003-52.htm.
Today, the SEC announced its global settlement with Wall Street regarding analyst conflicts - see http://www.sec.gov/news/press/2003-54.htm.
We have posted our May issue of TheCorporateCounsel.net Eminders at http://www.thecorporatecounsel.net/E-minders/.
Posted by broc at 02:23 PM