WASHINGTON/HONG KONG—U.S. accounting firms that agree to lead audits of New York-listed Chinese and Hong Kong companies looking to avoid potential trading bans risk breaching U.S. rules, the U.S. Securities and Exchange Commission (SEC) warned on Tuesday. Worried they may be kicked off U.S. exchanges if China does not allow the SEC’s accounting watchdog to…
US SEC Warns Against Switching Auditors to Avoid Chinese Company Trading Bans
September 7, 2022
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Delaware State Auditor Indicted on Corruption Charges
The top Delaware official in charge of rooting government fraud and abuse was indicted on Oct. 11 on public corruption charges. State prosecutors charged Delaware Auditor of Accounts Kathleen McGuiness with felony counts of theft and witness intimidation as well as three misdemeanor counts, according to an indictment (pdf) made public on Monday. Among other allegations, McGuinness…
Facts Matter (July 29): Auditors Finish Counting Ballots in Arizona’s Maricopa County; Twitter Responds to Ban
The Arizona State Senate just completed the third counting of the ballots. They are now just one step away from completing the final audit report. Over by the Florida Keys, Cuban refugees are being intercepted by the Coast Guard and… being sent back to Cuba. This is happening as record numbers of illegal aliens are…
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