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SEC Moves to Ease Audits for Smaller CompaniesThe Securities and Exchange Commission voted 3-1 to advance a proposal that would exempt public companies with less than $100 million in annual revenue from regular outside audits, part of a broader effort to entice more companies to go public. The plan is to allow these 'smaller' companies to bamboozle the unwitting public - and then, of course, blame losses on the stupidity of investors. Why? What?
Source: WSJ - 🏆 98. / 63 Read more »
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