In the Margins

SEC, DoJ charge PCAOB, KPMG staffers

January 22, 2018

By Reuters

The Securities and Exchange Commission and the Department of Justice on Monday announced criminal and civil charges against three former staffers of the Public Company Accounting Oversight Board for allegedly providing confidential information to help accounting firm KPMG pass regulatory inspections. Three ex-KPMG executives also were charged for encouraging disclosure of the data onPCAOB audit inspections, the SEC and DoJ said in separate filings. Read the original story from Reuters.

 

 

Most Read

Top of the Agenda - Regulatory
ICI pursues reforming, modernizing '40 Act

The Investment Company Institute this week made public a set of recommendations to reform and modernize the Investment Company Act of 1940, which has not been ...

10 Things
10 Women...who chair the Audit Committee

The percentage of female independent directors serving on mutual fund boards has increased impressively in recent years, jumping from about 20% 10 years ago to nearly 40% ...