News Headline Summary

US regulators charged the Chinese arms of five top accounting firms with securities violations over their refusal to produce certain audit papers for US-listed Chinese companies

- The SEC said it has been seeking documents related to investigations of possible wrongdoing at nine China-based companies.
- An administrative law judge will schedule a hearing to determine potential sanctions against the Chines arms of the accounting firms.

04 Dec 2012 - 00:58 - Geopolitical - Source: Newswires

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