About the Author
Veronica E. Rendón is a partner in Arnold & Porter’s New York Office in the Securities Enforcement & Litigation Group.
Recently, the Securities and Exchange Commission (SEC) has instituted several administrative proceedings against accounting firms and auditors under Rule 102(e) of the Commission’s Rules of Practice for audits of companies—now bankrupt or in financial peril—that occurred in the lead-up to the financial crisis.
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