US SEC establishes financial reporting and accounting unit in enforcement division
( August 5, 2026, 20:18 GMT | Official Statement) -- MLex Summary: The US Securities and Exchange Commission announced it is establishing a new specialized unit within the Division of Enforcement to provide the dedicated expertise, focus and capacity to pursue accounting and financial reporting fraud cases as well as general misconduct in the accounting and auditing areas. “This new unit — which expands on the Division’s current and historical efforts to crack down on bad actors in the accounting and auditing profession — will be critical in our efforts to pursuing financial reporting fraud, as well as accounting and auditor misconduct more generally,” SEC Division of Enforcement Director David Woodcock said.Full statement follows:...
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