This week the U.S. Securities and Exchange Commission (SEC) charged China-located affiliates of the big five U.S. accounting firms with breaking securities laws by failing to provide documents from their audits of nine U.S.-listed Chinese firms under scrutiny. The SEC and the Public Company Accounting Oversight Board (PCAOB) are demanding that the accounting companies, BDO […]
Economy heads back to high growth http://www.thedailystar.net/newDesign/news-details.php?nid=186434 New regulatory framework at the Securities and Exchange Commission http://www.thedailystar.net/newDesign/news-details.php?nid=186523 Stocks continue to decline http://www.theindependentbd.com/business/stockmarket/50811-stocks-continue-to-decline.html Bangladesh fund floats http://www.independent-bangladesh.com/2011050512260/business/bangladesh-fund-floats.html Apparel export to US rises fast http://biz.bdnews24.com/details.php?id=196274&cid=4 Innovative business ideas and inclusive marketing will cut poverty faster http://www.thefinancialexpress-bd.com/more.php?news_id=136297&date=2011-05-20
The Wall Street Journal is reporting, based on unnamed sources, that the Obama administration’s top regulators are resisting the ‘New Financial Foundations’ regulatory reform plan written and proposed by U.S. Treasury Timothy A. Geithner, and the President’s White House Economic Advisor, Lawrence Summers. In attendance were Federal Reserve chairman Ben Bernanke, Federal Deposit Insurance Corp. […]