Latest Christopher Cox Stories
WASHINGTON (Reuters) - Christopher Cox, chairman of the U.S. Securities and Exchange Commission, said on Monday he will recuse himself from any SEC probe of sales of stock in hospital company HCA Inc. by Senate Majority Leader Bill Frist, to whom Cox gave a campaign contribution. Cox's campaign committee donated $1,000 to Frist's 2000 re-election campaign, according to Federal Election Commission records made available by PoliticalMoneyLine, a non-partisan group that tracks money in...
By Kevin Drawbaugh WASHINGTON (Reuters) - William McDonough will step down as chairman of the Public Company Accounting Oversight Board, the U.S. panel created to clean up the auditing business after a run of corporate scandals said on Friday. McDonough, 71, will resign on November 30, or when his successor is in place, whichever is sooner, it said. Having built the board, known as the PCAOB, from scratch into a working regulator over the past two years, the outspoken and often...
NEW YORK (Reuters) - The new chairman of the Securities and Exchange Commission, Christopher Cox, plans to implement a controversial rule that would apply a stronger government hand to the trillion-dollar U.S. hedge-fund industry, the Wall Street Journal reported on Monday. He also said he wants companies to do a better job of disclosing executive compensation, the newspaper reported. In his first extensive interview since becoming the top U.S. market regulator, Cox struck a broadly...
WASHINGTON (Reuters) - The nomination of Rep. Christopher Cox to be U.S. Securities and Exchange Commission chairman was approved by a Senate committee on Thursday and will go to the full Senate for final consideration. The Senate Banking Committee also voted to approve the nominations of two Democratic SEC nominees -- incumbent SEC Commissioner Roel Campos and Annette Nazareth, director of the SEC's Division of Market Regulation. All three nominations were approved by voice vote at a...
WASHINGTON (Reuters) - The Senate Banking Committee said it would vote on Thursday morning on the nomination of Rep. Christopher Cox to become chairman of the U.S. Securities and Exchange Commission. The panel is expected to approve Cox's nomination, said congressional aides, with a favorable vote sending the California Republican's name to the floor of the full Senate for final consideration. Cox went answered questions before the committee on Tuesday. The scheduling of a committee vote for...
WASHINGTON (Reuters) - The Senate Banking Committee said it will vote on Thursday morning on the nomination of Rep. Christopher Cox to become chairman of the U.S. Securities and Exchange Commission. The panel is expected to approve Cox's nomination, said congressional aides, with a favorable vote sending Cox's name to the floor of the full Senate for final consideration. Cox went before the committee on Tuesday to answer questions. The scheduling of a committee vote for just two days later...
WASHINGTON (Reuters) - The Senate Banking Committee said it will vote on Thursday morning on the nomination of Rep. Christopher Cox to become chairman of the U.S. Securities and Exchange Commission. The panel is expected to approve Cox's nomination, said congressional aides, with a favorable vote sending Cox's name to the floor of the full Senate for final consideration. Cox went before the committee on Tuesday to answer questions. The scheduling of a committee vote for just two days later...
By Kevin Drawbaugh WASHINGTON (Reuters) - A controversial new accounting rule forcing companies to book stock options as a business expense got strong support on Tuesday from Rep. Christopher Cox, the White House choice to become chairman of the U.S. Securities and Exchange Commission. The California Republican told a Senate committee that as SEC chairman he would put the rule into practice, flatly answering any doubts about the future of option expensing if he takes the helm as the nation's...
WASHINGTON (Reuters) - Rep. Christopher Cox, the White House's choice to head the U.S. Securities and Exchange Commission, said on Tuesday that if confirmed by the Senate he would ensure implementation of a new rule that requires companies to treat stock options as a business expense. At his Senate Banking Committee confirmation hearing, Cox said, "I will ensure that the Securities and Exchange Commission builds upon the record as already established and that the rule is implemented as the...
WASHINGTON (Reuters) - Rep. Christopher Cox, the White House's pick to chair the U.S. Securities and Exchange Commission, said on Tuesday his "top priority will be vigorous enforcement of our securities laws." The California Republican pledged "continuity, clarity, and consistency in the commission's rule-making and enforcement responsibilities," in written remarks prepared for his Senate Banking Committee confirmation hearing. He said the reforms in the post-Enron Sarbanes-Oxley corporate...
