SEC takes its finger out of the dike with investigation of Big 4 auditors' conflicts

Is the regulator ready for the flood of findings, fines, and sanctions that might jeopardize the viability of more than one firm?

Mar 18, 2022

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Dave Michaels of the Wall Street Journal has been on a reporting roll. I mentioned his stories related to the Diller/Geffen insider trading investigation and the recidivist Deutsche Bank here.

The Dig

JPMorgan's risky client approach: Cut them off before they cut us down

“Once is happenstance. Twice is coincidence. Three times is enemy action.” Ian Fleming, Goldfinger Is JPM deliberately throwing clients under the bus? Is Jamie Dimon telling his bankers to point out the bad behavior of others, no matter the cost? Or is it bankers’ self-interested risk calculations that drive them to point the SEC and Department of Jus…

3 years ago · 7 likes · Francine McKenna

I also gave another Michaels story a shout-out during a recent podcast where I was a guest, talking about crypto regulation but also the state of selective regulat…

The Dig

SEC takes its finger out of the dike with investigation of Big 4 auditors' conflicts

Is the regulator ready for the flood of findings, fines, and sanctions that might jeopardize the viability of more than one firm?

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