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SEC Fines Auditor for Overstaying Welcome

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 A Florida auditor has been fined by the Securities and Exchange Commission for violating the federal law that requires lead audit partners to occasionally rotate out of engagements with a public company, according to CFO.com. The story centers around Eliot Berman, the lead partner of an accountingfirm that did audits for a public company from 2009 to 2010.

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