Thursday, September 8, 2011

SEC files enforcement action against Deloitte in China

Enforcement Action

Securities and Exchange Commission

SEC Files Subpoena Enforcement Action Against Deloitte & Touche in Shanghai

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The Securities and Exchange Commission today filed a subpoena enforcement action against Deloitte Touche Tohmatsu CPA Ltd. for failing to produce documents related to the SEC’s investigation into possible fraud by the Shanghai-based public accounting firm’s longtime client Longtop Financial Technologies Limited.

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