In the Margins
KPMG has agreed to pay more than $6.2 million to settle charges that it failed to properly audit the financial statements of oil and gas company Miller Energy Resources in 2011, the Securities and Exchange Commission said. As a result, investors were misinformed about the energy company’s value. KPMG’s engagement partner in charge of the audit, John Riordan, also agreed to settle charges against him. Read the statement from the SEC.
Most Read
Independent mutual fund director compensation levels increased in 2021, though the year-on-year change was significantly lower than in 2020, according to new data obtained by Fund Board ...
The mutual fund industry is pushing back against two recent rule proposals from the Securities and Exchange Commission regarding disclosures around environmental, social, and governance investing ...
The Securities and Exchange Commission has begun requesting documentation and information from mutual fund advisers about their funds' 15(c) processes and fees. The Division of Enforcement ...
Today is the Summer Solstice, and what better way to spend some time on the longest day of the year than to plot out what to ...