Defendant Name: KPMG LLP

Defendant Type: Other

Initial Case Details

Legal Case Name In the Matter of KPMG LLP
First Document Date 06-Dec-2016
Initial Filing Format Administrative Action
File Number 3-17709
Allegation Type Issuer Reporting and Disclosure
AAER 3834

Violations Alleged

Other
• Rule 2-06 Regulation S-X

Resolutions

First Resolution Date 06-Dec-2016
Headline Total Penalty and Disgorgement $230,000

Related Documents:

34-79483 06-Dec-2016 Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On December 6th, 2016 the SEC instituted cease-and-desist proceedings against KPMG LLP. The Commission stated: "KPMG violated Rule 2-06 of Regulation S-X, which requires auditors to preserve audit workpapers for seven years after concluding an audit or review of an issuer's financial statements."

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