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SEC creates new Financial Reporting and Accounting Unit

Image of a stack of bound paper ledgers.
Photo: Leon Neal/Getty Images

Julie DiMauro

1 min read
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The new unit will be staffed by attorneys and accountants with specialized skills related to financial reporting, accounting, and auditing.

A new Financial Reporting and Accounting Unit has been created by the SEC within the agency’s Enforcement Division. It will be focused on financial reporting and accounting fraud cases but will also pursue general misconduct in the accounting and auditing arenas.

David Woodcock, director of the SEC’s Division of Enforcement,

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