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The Securities and Exchange Commission is on a crusade to break up the major accounting firms; or so it seems to the Big Five. Critics of the SEC's proposed rule to ensure auditor independence, which would prohibit providing both audit and consulting services to clients, are blasting the proposal with PriceWaterhouseCooper's CEO saying the proposed rule "goes too far."
September 14, 2000 at 12:00 AM
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The original version of this story was published on Law.Com
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