The Plot Thickens: The House Financial Services Committee MF Global Hearing
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Rogue Traders, Rogue Firms: The CME, PwC, MF Global and the Legacy of Refco
/9 Comments/in Food for Thought, PricewaterhouseCoopers, Pure Content, Regulators, Laws, Standards, RegulationsLet’s not forget PricewaterhouseCoopers, MF Global’s auditors.
When it comes to hands-on access to private information, the auditor has more than any other regulator mentioned. And they are supposed to be experts in that client’s business and in the accounting and auditing standards for that industry. PwC also audits JP Morgan, Bank of America Merrill Lynch, and Goldman Sachs. They are all large players in the futures brokerage industry.
Limit Up! A Review of “The Futures” by Emily Lambert w/Book TV Link
/5 Comments/in Pure Content, You Can Quote Me On ThatI’ve added the link for the Book TV taping at the bottom of the post.
Live From The Capital Markets Summit
/1 Comment/in Audit QualityThe summit started a little slowly. One panel included Steve Bartlett of Financial Services Roundtable. He rattled off several proposed reforms they are putting on the table for legislative action. Then they didn’t allow questions from the audience in order to stay on schedule. One proposed reform is to allow the audit firms to raise […]