SEC Fines Ernst & Young $4 Million For Improper Advocacy – ValueWalk Premium
hedge funds SEC filings SEC Enforcement

SEC Fines Ernst & Young $4 Million For Improper Advocacy

The Securities and Exchange Commission (SEC) has reached a $4.07 million settlement with Big 4 auditor Ernst & Young for improper advocacy relating to the political activities of one of its subsidiaries. The fine includes the disgorgement of $1.24 million, $2.48 million in penalties, and pre-judgement interest, the regulator announced today.


Ernst & Young represented itself as ‘independent’ despite advocacy services
“Auditor independence is critical to the . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0