Search for: "Empower Oversight Whistleblowers & Research v. U.S. Securities and Exchange Commission" Results 1 - 1 of 1
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15 May 2024, 9:01 pm by renholding
Following an investigation by the SEC’s Division of Enforcement, the Commission institutes an administrative proceeding and finds that because of the mutual conflict of interest created by the audit firm’s provision of non-audit services at reduced rates in exchange for being chosen as the company’s auditor, the audit firm and audit partner were not independent within the meaning of Rule 2-01(b) of Regulation S-X. [read post]