SEC weighs looser independence rules for Big Four auditors
NegativeFinancial Markets

- The SEC is evaluating the possibility of looser independence rules for the Big Four auditors, citing that the existing interpretation restricts choices for technology companies. This consideration reflects ongoing discussions about regulatory flexibility in the auditing sector.
- If implemented, these changes could provide technology companies with greater flexibility in selecting auditors, potentially leading to increased competition among the Big Four and affecting the overall auditing market dynamics.
— via World Pulse Now AI Editorial System


