Tuesday, April 23, 2013

Judge Rejects Stay in SEC Subpoena Fight with Deloitte

A federal judge on Monday refused to put the brakes on the effort by U.S. securities regulators to squeeze audit documents from a Deloitte unit in China. The judge determined the subpoena enforcement proceeding, which tests the scope of the power of the U.S. Securities and Exchange Commission to grab documents abroad, should no longer be subject to a stay order.

Source: http://www.law.com/jsp/law/sign_me_in.jsp?article=http://www.law.com/jsp/nlj/PubArticleNLJ.jsp?id=1202597035333&rss=newswire

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