Ernst & Young Fined $100 Million by SEC over Some Auditors Cheating on Ethics Portion of Exam
Posted on 06/28/2022
Major accounting firm Ernst & Young (E&Y) faces a US$ 100 million fine. The Securities and Exchange Commission (SEC) fined the auditing firm, after an investigation found that hundreds of its auditors cheated on ethics exams from 2017 to 2021. The SEC investigation began in 2019 and found that from 2017 to 2021 at least…
