The Securities and Exchange Commission is investigating whether the recently dismissed chairman of the auditing industry’s oversight board violated any rules in his handling of internal complaints at the regulator, according to people familiar with the matter.
The SEC’s enforcement investigation is examining the actions of William Duhnke, who was dismissed from his job as chairman of the Public Company Accounting Oversight Board two weeks ago, according to the people. The investigation is the latest sign of trouble for the struggling regulator, which oversees the accounting firms that audit U.S.-listed companies.
Source: SEC Investigating Former Chair of Auditing Industry Regulator – WSJ
