Mayer Hoffman McCann Faces SEC Hearing

Mayer Hoffman McCann faces a hearing on a possible cease-and-desist order from the SEC over a client's owning the stock of the accounting firm's partner, CBIZ. The SEC says the trader-broker client Tradebot's owning the stock meant that MHM's independence was impaired for its audits of Tradebot's financial statements for 2008 through 2012. The hearing of issuing an order will be held within 30 to 60 days of a September 25 notification by the SEC.

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