China affiliates of 5 U.S. accounting firms face SEC sanctions

Posted: December 4, 2012 at 2:05 a.m.

The Securities and Exchange Commission charged China-based affiliates of the five largest U.S. accounting firms Monday with violating securities laws, saying the firms failed to produce work papers from their audits of nine China-based companies that are under SEC investigation.

This story is only available from our archives.

Business, Pages 20 on 12/04/2012