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Newsby News/Media ReleaseJune 7, 2022

NAFA Partners with ESG Reporting Tool on SEC Requirements

The partnership with ESG Integrity will provide guidance to NAFA members on SEC requirements for Environmental and Social Governance (ESG) regulations and help managers track their fleet's emissions.

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Newsby StaffJune 17, 2020

Hertz Suspends Plan to Issue New Shares

Hertz was advised by the SEC’s Division of Corporation Finance that it intended to review the plan, at which point the plan was suspended.

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NewsJanuary 18, 2017

GM Resolves SEC Ignition Switch Probe

The automaker agrees to pay a $1 million penalty to settle charges that faulty internal accounting controls affected GM’s financial statements.

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NewsAugust 31, 2015

Ponzi Scheme Tied to Driver Alert Tech Firm

The Securities and Exchange Commission alleges that a Houston-area businessman deceived clients into investing in a financially troubled company specializing in safety tech aimed at preventing drowsy driving.

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NewsApril 28, 2015

Tesla Model X on Pace for Late 2015 Launch

Tesla Motors has completed both prototypes of the Model X battery-electric SUV, which should begin production in late 2015, the company noted in an SEC filing.

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Articlesby Chris BrownNovember 17, 2014

Hertz Looks to Put Troubles Behind

This year has been one of turmoil and change for the Hertz Corp., as it parted ways with its CEO and has yet to file a financial report in 2014.

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NewsJuly 17, 2013

South African-based MiX Telematics Files for U.S. IPO

MiX Telematics, which provides fleet and mobile management SaaS solutions, recently filed paperwork with the U.S. Securities and Exchange Commission (SEC) to raise up to $125 million in an initial public offering.

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NewsJanuary 16, 2013

Brazil's Vix Logistica Withdraws IPO

Brazil's Vix Logistica, SA has withdrawn its stock IPO in a public filing with the U.S. Securities and Exchange Commission (SEC).

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Market Trendsby Mike AntichMarch 30, 2010

SEC Inching Closer to Mandated Carbon Disclosure

A growing number of investors, state officials, and environmental groups are lobbying the U.S. Congress to mandate climate change disclosures in Securities and Exchange Commission (SEC) filings. A recent SEC interpretive release caught the attention of the corporate fleet community, especially in the wake of a record number of global warming resolutions filed with 58 U.S. companies during the 2009 proxy season. Will fleet managers have to deal with carbon disclosure in the not-too-distant future

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Market Trendsby Mike AntichSeptember 5, 2008

SEC Proposal to Allow Early Adoption of International Accounting Standards

On Aug. 27, the Securities and Exchange Commission raised the possibility that approximately 110 U.S. publicly traded companies will be able to use international accounting standards (IAS) next year and may require all U.S. companies to switch to IAS between 2014-2016. There is a 60-day comment period about the SEC proposal. Fleet leasing will be impacted by the adoption of IAS. It is probable that all fleet leases in the U.S. will need to be capitalized sometime in the 2011-2016 timeframe.

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