Deloitte China personnel asked certain Chinese clients to select their own samples for testing and prepare their own audit documentation.
October 3, 2022The hackers broke into at least 31 US retail brokerage accounts to buy stock to drive up prices and exit their positions at artificially high prices.
August 19, 2022The CFTC has a new innovation office and is realigning its customer education office. The SEC has appointed 20 new specialists to its crypto unit and wants a bigger budget.
July 27, 2022The settlement is largest penalty the SEC has ever imposed against an audit firm, double KPMG's 2019 penalty.
July 1, 2022High cash balances resulted in lower returns for robo-adviser clients. The effect of this "cash drag" was not disclosed to clients, the SEC said.
June 16, 2022Wells Fargo Advisors was fined for failing to timely file 34 SARs. This is the second BSA action against the firm in the last five years.
May 24, 2022