Message from John Epperson, Managing Principal, Financial Services
Dear FIEB readers,
May often sees graduates embarking on new challenges and opportunities. Similarly, financial reporting, governance, and risk management evolve and introduce new challenges and opportunities for our readers. Among the emerging topics in this report are federal regulators’ supervisory reports on failed banks, a proposed special assessment, options for deposit insurance reform, and regulatory guidance on overdraft fee program risks. The Securities and Exchange Commission (SEC) adopted a final rule on share repurchases and designated a longer period for action on clawback listing standards. In addition, an SEC commissioner delivered remarks on environmental, social, and governance matters, and the chair provided testimony before the U.S. House of Representatives Committee on Financial Services.
Effective financial reporting, governance, and risk management require understanding and embracing emerging developments. We are pleased to play a role in keeping you informed as these developments occur.