SEC reiterates plans to pursue accounting, financial fraud

06/26/2013 | Compliance Week

Speaking at an industry event recently, Securities and Exchange Commission co-director of Enforcement George Canellos repeated that the SEC is stepping up its focus on financial fraud. He noted that the division will be searching for accounting and financial disclosure red-flag issues, as well as more obscure issues. The enforcement division will partner with other offices, such as the Division of Corporation Finance and the Office of the Chief Accountant, in these efforts.

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