Regulatory actions and programs

Millions in clients' funds was steered into a sports ticketing business.

The Securities and Exchange Commission said Thursday that its enforcement director, Andrew J. Ceresney, plans to leave the SEC by the end of the year.

Audit deficiencies at public companies decreased for the first time in five years in 2015, but remain high, according to a new analysis.

Automobile manufacturer Tesla Motors is dropping the use of some non-GAAP financial measures in its earnings releases after receiving several letters from the Securities and Exchange Commission criticizing the practice.

Wesley R. Bricker has been named chief accountant of the Securities and Exchange Commission, succeeding James Schnurr, who is retiring.

Mary Jo White has stepped to the front of the line of financial regulators moving aside for Donald Trump’s administration.

The Securities and Exchange Commission has appointed a new deputy chief accountant in the Office of the Chief Accountant, Marc A. Panucci, a partner in PwC’s national professional services group.

The Securities and Exchange Commission has initiated proceedings against an audit partner at PricewaterhouseCoopers accusing him of not doing enough to audit a venture capital fund whose manager was stealing money.

A group of Senators, including Elizabeth Warren, D-Mass., and Bernie Sanders, I-Vt., are asking KPMG about the quality of its audits in the wake of the recent scandal involving Wells Fargo’s opening of millions of unauthorized customer accounts.

A Houston-based company, FMC Technologies, has agreed to pay a $2.5 million penalty to resolve charges that it overstated profits in one of its business segments, the Securities and Exchange Commission said Thursday.

The trustees of the IFRS Foundation, which oversees of the International Accounting Standards Board, have appointed Sue Lloyd as vice chair of the board.

Big Four firm Ernst & Young has agreed to pay more than $11.8 million to the Securities and Exchange Commission for failing to detect fraud in its audits of an oil services company.

The Public Company Accounting Oversight Board announced that it is actively seeking candidates for economic research fellowships during the 2017-18 academic year.

The Securities and Exchange Commission reported that it has filed 868 enforcement actions related to financial reporting misconduct in fiscal year 2016 – a new single-year high.

Chesapeake Energy received a subpoena from the U.S. Department of Justice for information related to its asset purchase accounting practices.

Companies are beginning to revamp their financial reports to incorporate sustainability disclosures in response to demand from investors.

The SEC gave out its second-largest whistleblower award ever to a former Monsanto financial executive .

The Sustainability Accounting Standards Board is seeing more desire from investors for improved sustainability reporting, as evidenced by a wave of comment letters to the Securities and Exchange Commission.

Deloitte has some tips to help companies deal with the Securities and Exchange Commission’s guidance on the use of non-GAAP measures.

Brian Croteau, deputy chief accountant at the Securities and Exchange Commission’s Office of the Chief Accountant, plans to step down.