Member firm expelled from SECPS.

Position:Securities & Exchange Commission Practice Section - Brief Article

On Oct. 17, 2003, a hearing panel of the SEC Practice Section Executive Committee concluded that James C. Marshall, CPA, P.C. of Scottsdale, Ariz., was guilty of failing to comply with SEC Practice Section membership requirements and failing to cooperate with the SECPS Peer Review Committee. Accordingly, the firm was expelled from membership in the SEC Practice Section effective Nov. 16, 2003. The hearing panel based its decision on its findings that the firm failed to have concurring partner reviews on its audits of the financial statements of clients which are SEC registrants and failed to...

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