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US Accuses Chinese Auditors of Securities Violations

Posted December 3rd, 2012 at 4:10 pm (UTC-5)
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The U.S. securities agency is accusing the China-based affiliates of some of the world’s largest accounting companies of violating American financial laws by refusing to divulge information about their audit work for Chinese companies that are under investigation. The Securities and Exchange Commission said Monday that five companies have “refused to cooperate” for several months. […]

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