Now What? Supremes Declare PCAOB Board Appointment Process Unconstitutional 2

Greetings from Toronto and the Reverse Merger Conference. We anticipated a decision this week, and now it has happened. The US Supreme Court today ruled that the process by which Board members of the Public Company Accounting Oversight Board, which registers and audits every accounting firm that serves as auditors for US public companies, are appointed is unconstitutional. ...

My ABA Panel: Part III – Is the PCAOB Unconstitutional?

Many of us attending my American Bar Association panel last Friday had not been aware that a case has been pending before the US Supreme Court questioning whether the Public Company Accounting Oversight Board is constitutionally created. Arguments took place last December, and a panelist employed by the PCAOB was joking as to whether she ...

My ABA Panel: Part I – Simplified State Filing of Form D

For the fourth consecutive year, I was honored to be invited to join a panel of distinguished speakers at the American Bar Association Section of Business Law conference, this year in Denver. I got out of there just in time as they were expecting snow last night! The topic of our panel: current securities law ...