Notice 7 Mar 2025 compliance, sec, financial reporting, auditing, securities exchange act, rule 10a-1

📊SEC Rule 10A-1 Reinstatement

The Securities and Exchange Commission announces a request for OMB review regarding the reinstatement of Rule 10A-1, which mandates reporting on illegal acts that could materially affect financial statements. Businesses must be aware of compliance requirements and reporting obligations to the SEC, particularly in relation to auditor communications.

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