Non-SEC issuer entities subject to SEC independence rules.

With the expiration of a Securities and Exchange Commission Order granting temporary exemption to non-issuer broker-dealers from filing financial statements that have been audited by a Public Company Accounting Oversight Board-registered public accounting firm, all auditors of non-issuer broker-dealers must now register with the PCAOB. While these auditors are not subject to the PCAOB's independence rules, including the PCAOB rules on contingent fees and tax services, they remain subject to certain SEC independence requirements, including restrictions on financial and employment relationships, contingent fees and non-audit services...