Defendant Name:
EFP Rotenberg, LLP
Defendant Type:
Other
Document Reference:
33-9608
Document Details
Legal Case Name
In the Matter of EFP Rotenberg, LLP and Nicholas R. Bottini, CPA
Document Name
Order Instituting Public Administrative and Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Exchange Act of 1933, Sections 21C and 4C of the Securities Exchange Act of 1934, and Rule 102(e) of the Commission's Rules of Practice, Making Findings, and Imposing Remedial Sanctions, and a Cease-and-Desist Order
Document Date
01-Jul-2014
Document Format
Administrative Proceeding
AAER
3562
Allegation Type
Issuer Reporting and Disclosure
Document Summary
On July 1, 2014, the SEC instituted settled cease-and-desist proceedings against EFP Rotenberg, LLP and Nicholas R. Bottini, CPA. The SEC stated: "This matter concerns improper professional conduct by EFP Rotenberg, LLP and Nicholas R. Bottini (collectively, "Respondents") in connection with the audit of the financial statements of Universal Travel Group ("UTG") for the year ending December 31, 2010 (the "UTG Audit"), and their violation of the document retention requirements of Rule 2-06 under Regulation S-X [17 C.F.R. § 210.2-06]."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Respondent Rotenberg shall not issue any audit report, accept any audit engagement, or play a substantial role in the preparation or furnishing of any audit report for any issuer or registrant, U.S. or foreign, that files with the Commission and (i) has headquarters or principal executive offices located in the PRC, or (ii) has a subsidiary or component in the PRC the assets, revenues, or expenses of which constitute 20% or more of the consolidated assets, revenues, or expenses of the registrant or issuer.
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$50,000.00
Shared:
Other Defendants in Action:
