Document Type

Article

Publication Date

1968

Abstract

On the basis of information obtained in a nonpublic investigative proceeding, the staff has charged (a) that Meyer Weiner of Reading, Pennsylvania, acting in his capacity as a certified public accountant, willfully aided and abetted in violations of Section 17(a) of the Securities Exchange Act of 1934 and Rule 17 CFR 240.17a-5 thereunder in that (1) he certified without qualification or exception a materially false and misleading statement of financial condition filed with the Commission by William P. Mackay, a broker-dealer doing business as Mackay and Company (Securities Exchange Act Release No. 7343, June 15, 1964), and (2) when he was not in fact independent, he certified without qualification or exception a statement of financial condition filed with the Commission by Jacob Luther Hain, another broker-dealer doing business as J. L. Hain & Co.; and (b) that, in connection with the preparation of the statements of financial condition mentioned above, there was a lack of adherence by Weiner to generally accepted auditing standards and the Commission's minimum audit requirements as set forth in Form X-17A-5.

Relational Format

article

Series Title

Accounting Series Release No. 110

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