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SEC Sues Chinese Affiliates of Five Audit Firms; Clashes with China Regulator

Tuesday, December 4, 2012

WN.com - Business News
Latest headlines from WN Network
SEC Sues Chinese Affiliates of Five Audit Firms; Clashes with China Regulator
Dec 4th 2012, 07:39

Ihe charge highlights clashing between SEC and China's regulator over the sharing of audit information as SEC probes into a series of accounting frauds at Chinese companies traded in the U.S. The US Securities and Exchange Commission(SEC) has charged the Chinese affiliates of five leading accounting firms with violating securities laws for refusing to produce paperwork related to investigations into...
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