Hester Pierce strikes back against SEC crypto warning to accounting firms By Cointelegraph
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Hester Pierce, commissioner of the United States Securities and Exchange (SEC), has raised concerns about the watchdog’s recent statement advising accounting firms against taking on non-audit work for crypto firms.
In a July 28 tweet, Pierce challenged the recent statement made by the SEC’s chief accountant Paul Munter, proposing that accounting firms adopt an all-or-nothing approach in its dealings with crypto firms. Pierce believes this might cause crypto firms to shy away from making good-faith efforts to be transparent.
Continue Reading on Coin Telegraph
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Hester Pierce, commissioner of the United States Securities and Exchange (SEC), has raised concerns about the watchdog’s recent statement advising accounting firms against taking on non-audit work for crypto firms.
In a July 28 tweet, Pierce challenged the recent statement made by the SEC’s chief accountant Paul Munter, proposing that accounting firms adopt an all-or-nothing approach in its dealings with crypto firms. Pierce believes this might cause crypto firms to shy away from making good-faith efforts to be transparent.
Continue Reading on Coin Telegraph
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