Ernst & Young will pay $100 million to settle SEC charges that its auditors cheated on CPA ethics exams and that it misled the agency's investigators.
Aside from paying the penalty, EY agreed to "undertake extensive remedial measures" to address ethics concerns.
Gary Gensler, Chair of the U.S. Securities and Exchange Commission, testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on September 14, 2021, in Washington, DC.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SEC Fines Ernst & Young $100 Million Over Employee Cheating On CPA ExamsErnst & Young will pay $100 million to the Securities and Exchange Commission after admitting that employees cheated on certified public accountant exams for years.
Read more »
Man sentenced to life in prison for running over, killing man, young childShawn Allen was found guilty of the July 2020 killing of 43-year-old Horace Lee and Lee’s daughter, Azeria Tucker.
Read more »
How to watch ‘Teen Mom: Young & Pregnant’ season 4 premiere: Time, channel, live stream infoDon't miss tonight's season 4 premiere of 'Teen Mom: Young & Pregnant' at 9 p.m.
Read more »
New Documentary Explores Lives of Young People With Mental Health ChallengesWTTW is premiering a two-part documentary film “Hiding in Plain Sight,” which explores some of the mental health challenges today’s youth faces.
Read more »
Children as young as 13 among 22 found dead in South African tavern, police sayAt least 22 people were found dead in a South African tavern early on Sunday morning, officials said.
Read more »