Sarbanes-Oxley Act Fifth Anniversay
Former Senators Sarbanes and Oxley spoke about financial auditing and business reporting reforms enacted in the wake of the Enron bankruptcy to protect consumers and provide increased transp…
430 viewsFormer Senators Sarbanes and Oxley spoke about financial auditing and business reporting reforms enacted in the wake of the Enron bankruptcy to protect consumers and provide increased transp…
430 viewsPanelists discussed corporate responsibility. Among the specific issues addressed were over-reliance on stock price as a measure of success, incentives to provide false or misleading financi…
101 viewsThe House Financial Services Committee held a hearing entitled “Sarbanes-Oxley at Four: Protecting Investors and Strengthening the Markets.”
440 viewsMr. Lockhart reviewed the final report by the Office of Federal Housing Enterprise Oversight on the accounting irregularities at Fannie Mae home mortgage corporation. Topics included the reg…
296 viewsChairman Greenspan presented to the committee the Federal Reserve Board’s semiannual report on monetary policy. He said the Federal Reserve would keep raising interest rates. He gave a posit…
306 viewsDirector Falcon testified about the Office of Federal Housing Enterprise Oversight supplemental agreement with the Fannie Mae board of directors. He answered questions about his interim repo…
244 viewsWitnesses testified before the committee about accounting irregularities at Fannie Mae. Representatives from the mortgage company asserted that the irregularities are attributable to a good-…
1,139 viewsMr. Greenspan testified about a semi-annual report on U.S. monetary policy, the state of the economy, and budget shortfalls. In his remarks he called for spending cuts to offset tax cuts and…
292 viewsSecretary Snow and others talked with reporters about the legislation signed earlier by President Bush: amendments to the Fair Credit Reporting Act that furnish tools to consumers and law en…
105 viewsInterim Chairman of the New York Stock Exchange, John Reed, testified about America’s capital marketplace structure, focusing on operations, corporate governance, and oversight at the New Yo…
96 viewsThe secretaries of the Department of the Treasury and the Department of Housing and Urban Development testified about the regulation of government-sponsored enterprises. Problems in such ent…
4,848 viewsWitnesses testified about reauthorization of the Fair Credit Reporting Act. Among the issues they addressed were identity theft, consumer protections, privacy issues, and unsolicited credit …
147 viewsOfficials from the Federal Trade Commission, Mastercard, and victims of I.D. theft testified about the growing problem of identify theft. Topics included stronger law enforcement, prevention…
630 viewsThe witnesses testified on proposed changes to the Real Estate Settlement Procedures Act. The proposed changes would reform the home mortgage closing process.
104 viewsDirector Mueller testified about efforts to combat terrorism, methods of stopping terrorist financing, and proposals to provide greater flexibility in ending terrorist money laundering effor…
277 viewsWitnesses testified about fraudulent practices by stockbrokers and investigations of fraud by Securities and Exchange officials. They focused on the case of Frank Gruttadauria, who was alleg…
808 viewsWitnesses testified about the Corporate and Auditing Accountability Responsibility and Transparency Act designed to ensure adequate and accurate checks on corporate financial records. Among …
337 viewsWitnesses testified about the decision to file for bankruptcy by the Global Crossings corporation, the state of the telecommunications industry, the impact of a weak economy on the computer …
823 viewsChairman Greenspan reported on the state of the U.S. economy.
314 viewsFollowing a period of committee business in which members debated whether to swear in all witnesses, Mr. Pitt testified under oath about investigations into the financial collapse of Enron a…
687 views