Ernst & Young settles charges that two auditors got ‘too close’ to clients -U.S. SEC

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WASHINGTON, Sept 19 (Reuters) – Accounting firm Ernst & Young will pay $ 9.3 million to settle charges that two of its auditors got “too close to clients on a personal level” and broke rules aimed at ensuring reviews were objective and impartial, the U.S. Securities and Exchange Commission said in a statement on Monday.


Reuters: Financial Services and Real Estate