SEC repeals SAB 121 accounting rule for crypto financial reporting
The U.S. Securities and Exchange Commission has repealed Staff Accounting Bulletin ("SAB") No. 121, which required banks and ...
SEC rolls back controversial crypto accounting rule: CNBC Crypto World
On today's episode of CNBC Crypto World, bitcoin trades flat after President Trump signs an executive order to explore a ...
cfodive5h
Trump’s softer-touch SEC may ease CFO regulatory burden
By slimming the SEC’s budget, headcount and regulatory scope, a new agency chief would fall in step with Trump’s cost-cutting and efficiency campaign.
Accounting Today7d
SEC withdraws accounting guidance on safeguarding crypto assets
The Securities and Exchange Commission has rescinded a Staff Accounting Bulletin on safeguarding cryptocurrency assets that ...
JD Supra7h
SEC rescinds SAB 121 - What it Means for Financial Institutions and Crypto Exchanges
On January 23, 2025, the Securities and Exchange Commission (SEC) issued Staff Accounting Bulletin 122 (SAB 122), rescinding the controversial ...
Two Boards Oversee Public Companies’ Accounting. Why Is One’s Independence More at Risk?
The remaking of the board is far more common at the PCAOB than the FASB—and expected to recur under coming SEC leadership.
Why the SEC might have an issue with Southwest’s earnings
Southwest Airlines Co. may be at risk of a comment letter from the Securities and Exchange Commission after including ...
US SEC case over massive Allen Stanford fraud ends, judge orders fines
A federal judge ordered an end to the U.S. Securities and Exchange Commission's 16-year-old lawsuit over Allen Stanford's ...
CoinDesk6d
SEC Withdraws Controversial Crypto Financial Reporting Bulletin
The SEC published a new staff accounting bulletin rescinding SAB 121, which set certain rules for financial firms wanting to ...
Crypto Briefing6d
SEC scraps SAB 121 rule, easing crypto custody accounting for banks
SEC revises crypto custody accounting policy with SAB 122, offering banks flexibility in reporting liabilities for ...
SAB 121 axed: SEC repeals crypto accounting rule as Trump era dawns
The US Securities and Exchange Commission (SEC) has officially withdrawn Staff Accounting Bulletin No. 121 (SAB 121), a ...
SEC Scraps Accounting Rule for Companies Holding Crypto
The SEC announced this week the formation of a crypto task force led by Republican Commissioner Hester Peirce. In a post on social media platform X on Thursday, Peirce hailed the decision: “Bye bye, ...