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Securities and Exchange Commission Chairman Harvey Pitt and the new Public Company Accounting Oversight Board both took a punishing blow last week. The new board will likely endure. Pitt may not. Private securities lawyers close to the SEC, former SEC officials, and sources within the agency speculate that the fracas surrounding the appointment of William Webster as chairman of the new oversight body may lead to Pitt's ouster.
November 04, 2002 at 12:00 AM
1 minute read
The original version of this story was published on Legal Times
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