It's (Un)Official - New SEC Chair Sworn In

The Web site, www.cfo.com, is reporting that Harvey Pitt was sworn in as the new chairman of the Securities and Exchange Commission (SEC) last week in a private ceremony. No official announcement of the swearing in has occurred, and Mr. Pitt is reportedly on vacation and unavailable for comment.

"We haven't made an announcement on that yet," was the official SEC response from spokesman John Heine, who refused to deny the report of the ceremony.

Before leaving town, Mr. Pitt appointed David Levine, former SEC chief of staff, to a return engagement in the same position. Mr. Levine was also unavailable for comment.

Mr. Pitt was confirmed by the Senate on August 1, and was expected to take office within two weeks.

You may like these other stories...

There’s a way for investors to brave the world beyond stocks and bonds of a traditional Individual retirement arrangement (IRA) and venture into real estate, tax liens, unregistered securities and so on. Their avenue...
KPMG LLP has agreed to shell out $8.2 million to settle charges from the US Securities and Exchange Commission (SEC), which found that the Big Four firm violated auditor independence rules by providing certain nonaudit...
By Jason Bramwell, Staff WriterJuly 1, 2014, is the date when the first set of municipal advisors will be required to register under new rules the US Securities and Exchange Commission (SEC) finalized last year.The SEC...

Upcoming CPE Webinars

Jul 24
In this presentation Excel expert David Ringstrom, CPA revisits the Excel feature you should be using, but probably aren't. The Table feature offers the ability to both boost the integrity of your spreadsheets, but reduce maintenance as well.
Jul 31
In this session Excel expert David Ringstrom helps beginners get up to speed in Microsoft Excel. However, even experienced Excel users will learn some new tricks, particularly when David discusses under-utilized aspects of Excel.
Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.