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KPMG Settles SEC Misconduct Charges for $50M

June 18, 2019 by Eugene Grygo

KPMG Settles SEC Misconduct Charges for $50M

KPMG, a major auditor serving Wall Street, has settled with the SEC for $50 million over multiple misconduct charges, including the allegation that former employees used “stolen information” from the Public Company Accounting Oversight Board to find out which past audits would be re-visited by the PCAOB. The PCAOB, created via the Sarbanes-Oxley Act of… Read More >>

Filed Under: Securities Operations, Buy-Side, Case Studies, Corporate Actions, Data Management, Industry News, Operational Risk, Ops Automation, General Interest, Governance, Diversity, Equity, and Inclusion (DEI), Back-Office, Integration, Standards, Performance Measurement, KYC, AML/Fraud/Financial Crime, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting, Industry News Tagged With: internal cheating, KPMG, misconduct charges, PCAOB, SEC, settlement, stolen information, training exams

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