Firm expelled from SEC Practice Section.

• Position: Disciplinary actions

On June 28, 2002, a hearing panel of the SEC Practice Section Executive Committee concluded that the firm of Roger G. Castro, CPA of Oxnard, Calif., was guilty of both failing to comply with SEC Practice Section membership requirements and failing to cooperate with the SECPS Peer Review Committee, and expelled the firm from membership in the SEC Practice Section effective July 28, 2002. The hearing panel based its decision on its findings that the firm failed to have a concurring partner review on its audit of the financial statements of clients which are SEC registrants and failed to comply with the actions...