Car Stereo Company Fights OFAC, and Loses

A California company that makes car audio and video systems fought the U.S. Treasury Department over a sanctions penalty–and lost.

 

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Deloitte

  • SEC Proposes New Rules: Pay-versus-Performance and Cross-border Swaps

    Some public companies may have to disclose the relationship between executive compensation paid and the financial performance of the company if a proposed rule issued by the Securities and Exchange Commission (SEC) is approved in its current form. Another SEC rule proposal could add new dealer registration requirements to transactions related to cross-border security-based swaps. Public comment for both proposals, which are summarized in Deloitte's "Accounting Journal Entries" briefing, are due in July.

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