Hester Pierce strikes again in opposition to SEC crypto warning to accounting corporations

Hester Pierce, commissioner of america Securities and Trade (SEC), has raised issues concerning the watchdog’s latest assertion advising accounting corporations in opposition to taking up non-audit work for crypto corporations.

In a July 28 tweet, Pierce challenged the latest assertion made by the SEC’s chief accountant Paul Munter, proposing that accounting corporations undertake an all-or-nothing strategy in its dealings with crypto corporations. Pierce believes this would possibly trigger crypto corporations to shrink back from making good-faith efforts to be clear.

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