SEC Focuses On Foreign Affiliates of Auditors The SEC has charged foreign affiliates of KPMG, Deloitte & Touche, and BDO for “their involvement in audit work that circumvented the full oversight of the Public Company Accounting Oversight Board (PCAOB).” The auditors have settled the charges by paying penalties or disgorging their profits from the audits,… Read More >>
Nasdaq Futures to Use OptionsCity Settlement Solution
For its derivatives contracts, upstart energy futures market Nasdaq Futures (NFX) will be using a settlement price solution from OptionsCity Software, a futures and options trading and analytics solutions vendor, officials say. The relatively new Nasdaq OMX Group market competes against CME Group and the Intercontinental Exchange. “As NFX continues to grow, it’s important that… Read More >>