The U.S. Securities and Exchange Commission plans to unveil a public website next week that will allow it to publish data, research and analysis using the type of robust market data exploited by high-frequency trading firms.
The U.K.’s accounting regulator opened an investigation of PricewaterhouseCoopers LLP’s fiscal 2012 audit of Berkeley Group Holdings Plc because a former partner at the firm had joined the homebuilder’s board.
Deloitte LLP was fined 14 million pounds ($21.9 million) by a U.K. accounting regulator for failing to properly manage conflicts of interests when advising the now-defunct British carmaker MG Rover Group Ltd.
Michael Rake has resigned from his role on the board of the Financial Reporting Council after turning down a request to stay in the role, The Sunday Telegraph reported, without saying where it got the information.
The U.K. accounting regulator is investigating Grant Thornton LLP’s audit of Manchester Building Society over the way it recorded interest-rate swaps, which led to an adjustment in its financial statement.
The U.S. Securities and Exchange Commission rested its case against Fabrice Tourre, the former Goldman Sachs Group Inc. vice president accused of civil fraud for his role in a failed $1 billion investment related to the housing market crash.