_accounting-firm-hired-by-trump-media-platform-permanently-banned-by-regulators-sec-calls-failures-39one-of-the-largest.jpg "Accounting Firm Hired by Trump Media Platform Permanently Banned by Regulators. SEC Calls Failures 'One of the Largest Failures by Financial Gatekeepers' from ipo news nasdaq Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:42
👁 View: 1M times
✓ Published: 08-May-2024
👁 View: 1M times
✓ Published: 08-May-2024
Description:
Financial regulators have permanently banned the accounting firm hired by the parent company of Donald Trump’s media platform after an investigation found that the firm was not actually conducting audits but merely copying past work and forging dates. The investigation did not cover any audit work the firm may have performed for Trump Media and Technology Group. The SEC called it one of the largest failures by financial gatekeepers, as audits play a critical role in investment decisions. Trump Media & Technology Group had initially hired Borgers for its IPO but then fired the firm after the SEC's enforcement action.
Financial regulators have permanently banned the accounting firm hired by the parent company of Donald Trump’s media platform after an investigation found that the firm was not actually conducting audits but merely copying past work and forging dates. The investigation did not cover any audit work the firm may have performed for Trump Media and Technology Group. The SEC called it one of the largest failures by financial gatekeepers, as audits play a critical role in investment decisions. Trump Media & Technology Group had initially hired Borgers for its IPO but then fired the firm after the SEC's enforcement action.
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
Related Videos
_us-pays-362m-interest-per-minute-on-national-debt-39funny-peculiar-chicken-and-the-egg-type-situation39.webp "The United States government is currently paying an unprecedented $2 million per minute in interest on its national debt, a figure that is expected to continue rising. This development has sparked a debate on Wall Street about the impact of higher interest rates on the economy.")
⏲ 1:6 👁 10.8M
_how-the-ipo-market-went-from-39boom-to-bust39.webp "CNBC")
_nasdaq-ceo-adena-friedman-on-q1-results-2024-ipo-landscape-and-ai-impact.webp "CNBC Television")
⏲ 6 minutes 20 seconds 👁 1.6K
_nasdaq-ceo-adena-friedman-on-ipo-outlook-resilience-in-economy-is-giving-people-confidence.webp "CNBC Television")
⏲ 5 minutes 55 seconds 👁 1.8K
_nasdaq-ceo-adena-friedman-on-earnings-results-ipo-landscape-and-financial-crime-management.webp "CNBC Television")
⏲ 6 minutes 12 seconds 👁 2.3K
_warren-buffett39s-berkshire-hathaway-reduced-apple-stake-by-18-in-q1-but-gives-this-convincing-reason-why.webp "Apple shares have underperformed this year, shedding 4.63% for the year-to-date period and 10.82% for the first quarter.<br/>The decline came amidst concerns over the company's fundamentals weakening due to sluggish iPhone adoption in its critical Chinese market.")
⏲ 1:31 👁 820K
_nasdaq39s-karen-snow-on-ipo-market-rebound-we-expect-39a-pretty-decent39-second-half.webp "CNBC Television")
⏲ 6 minutes 3 seconds 👁 2K
_us-pays-362m-interest-per-minute-on-national-debt-39funny-peculiar-chicken-and-the-egg-type-situation39.jpg)
_how-the-ipo-market-went-from-39boom-to-bust39.jpg)
_nasdaq-ceo-adena-friedman-on-q1-results-2024-ipo-landscape-and-ai-impact.jpg)
_nasdaq-ceo-adena-friedman-on-ipo-outlook-resilience-in-economy-is-giving-people-confidence.jpg)
_nasdaq-ceo-adena-friedman-on-earnings-results-ipo-landscape-and-financial-crime-management.jpg)
_warren-buffett39s-berkshire-hathaway-reduced-apple-stake-by-18-in-q1-but-gives-this-convincing-reason-why.jpg)
_nasdaq39s-karen-snow-on-ipo-market-rebound-we-expect-39a-pretty-decent39-second-half.jpg)
![[+]](/images/menu.gif){kind=small}