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SEC enforcement

What is the most recent litigation brought by the SEC against a public firm or against an accounting firm? What is the most recent Staff Accounting Bulletin that provides guidance to the profession? What was the guidance given?

Would you want to work for a large corporation that is subject to SEC oversight? Large corporations can be good or bad places to work. Small companies can be good or bad places to work. Why can some be good to work for and others be bad?

Please provide a full response for a deep understanding around 200-250 words

Solution Preview

The most recent litigation brought on by the SEC was May 19, 2010 against J.P. Turner and Company, a registered broker dealer, for violating Rule 30(a) of Regulation S-P . The company failed to have written policies and procedures that address administrative, technical, and physical safeguards to protect customer information.
The most recent Staff Accounting Bulletin was released on October 30, 2009- Staff Accounting ...

Solution Summary

This post describes an SEC litigation and the pros and cons of working for a small vs large company.

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