01—Abstract
Summary
Summary of the 8-K filed November 1, 2019. Cited figures are marked; the original filing is the authoritative source.
Cboe Global Markets, Inc. (CBOE) filed an 8-K on November 1, 2019, primarily to report its third-quarter 2019 financial results via an attached press release.
While the filing itself doesn't provide detailed financial metrics, it directs investors to the press release for a comprehensive overview of the company's performance for the quarter ended September 30, 2019. This 8-K also discloses a significant change in the company's auditing services, formally engaging KPMG LLP as its independent registered public accounting firm for the fiscal year ending December 31, 2020. Investors should refer to the press release (Exhibit 99.1) for specific details on earnings, revenue, and other operational performance indicators for the third quarter of 2019.
The change in auditor to KPMG signifies a move towards a new audit partner for the upcoming fiscal year, with assurances that there were no disagreements or reportable events with the prior auditor. This filing is important for understanding recent financial performance and the transition in financial oversight.
02—Key points
Key Highlights
- Cboe Global Markets reported its financial results for the quarter ended September 30, 2019, through a press release filed as Exhibit 99.1.
- Investors need to review the attached press release for specific details on the company's quarterly financial performance.
- KPMG LLP has been formally engaged as Cboe's independent registered public accounting firm for the fiscal year ending December 31, 2020.
- The engagement of KPMG follows a competitive request for proposal process.
- The company confirmed no consultations with KPMG on significant accounting, auditing, or financial reporting issues prior to their formal engagement.
- There were no disagreements or reportable events with the previous accounting firm that would require disclosure.
- The filing serves to update investors on both financial results and a key change in the company's auditor.
03—Questions
Frequently Asked Questions
Where can I find the specific financial results for Cboe's third quarter of 2019?
The specific financial results for the quarter ended September 30, 2019, are detailed in the press release filed as Exhibit 99.1 to this 8-K filing. Investors should refer to that document for comprehensive financial and operational data.
Who is Cboe's new independent auditor, and for what period?
KPMG LLP has been formally engaged as Cboe Global Markets, Inc.'s independent registered public accounting firm for the fiscal year ending December 31, 2020.
Were there any issues with Cboe's previous auditor?
No, the filing indicates that there were no disagreements or reportable events with the former accounting firm that would be considered a matter of concern or require specific disclosure under SEC regulations during consultations with KPMG.
When did the engagement with KPMG officially begin?
While the Audit Committee approved the engagement on August 9, 2019, the engagement letter formally engaging KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2020, was executed on October 29, 2019.
04—Continue