Nelson Comments on Decline in Accounting Enforcement Cases by SEC

04 November 2018 Gulf Times News
Of Counsel Margaret G. Nelson was quoted in a Gulf Times article, "Accounting enforcement cases at SEC drop in 2018," about a significant decline in the overall number of financial reporting related cases brought by the SEC this year compared to 2017.

Nelson said accounting fraud cases are very complex. "The SEC is investigating not only the issuer itself, but the auditor. That can take a long time," she said.

Auditor-focused cases have also dropped, even though SEC officials say that gatekeepers, including auditors, remain a focus, Nelson added. "We saw plenty of fraud cases or material misstatement cases brought against the issuer. But you didn't see a companion case brought against the auditor," she said.

Related Services

Insights

A Review of Recent Whistleblower Developments
19 July 2019
Legal News: Whistleblower Developments
Cloud security inadequate for Cyber threats, are you surprised?
19 July 2019
Internet, IT & e-Discovery Blog
Blockchain: A Tool With a Future in Healthcare
18 July 2019
Health Care Law Today
Do You Know What IMMEX Stands For?
16 July 2019
Dashboard Insights
Review of 2020 Medicare Changes for Telehealth
11 December 2019
Member Call
2019 NDI Executive Exchange
14-15 November 2019
Chicago, IL
MAGI’s Clinical Research Conference
29 October 2019
Las Vegas, NV
Association for Corporate Counsel Annual Meeting 2019
27-30 October 2019
Phoenix, AZ