SEC

Atkins, a former SEC commissioner, would succeed Gary Gensler, who said he will step down when Trump is inaugurated Jan. 20.

Paul Atkins, who is a strong proponent of digital assets and fintech companies, is a leading contender to head the SEC.

UPS failed to follow generally accepted accounting principles in valuing “one of its worst performing businesses," the SEC said.

The furniture retailer settled an SEC lawsuit last week alleging that two former executives committed accounting fraud.

Erica Williams' new five-year term as chair of the PCAOB officially began on Oct. 25 and lasts through Oct. 24, 2029.

Although the SEC put AI risks on its examination watch list last year, it went into further detail in its latest Division of Examinations report.

The firm also agreed to settle auditor independence charges, as well as for aiding and abetting clients' violations of securities laws.

Nearly three weeks after approving a batch of new PCAOB standards, the SEC Sept. 9 OK'd another new rule, this time on quality control.