SEC files subpoena enforcement action against Deloitte

SEC files subpoena enforcement action against Deloitte

SEC press association

The US Securities and Exchange Commission (SEC) has filed a subpoena enforcement action against Shanghai-based public accounting firm Deloitte Touche Tohmatsu (D&T Shanghai) for failing to produce documents that would aid the SEC's fraud investigation of the firm's long-time client Longtop Financial Technologies.

Longtop is a foreign private issuer with a market capitalisation of $1.08 billion that traded American depository shares (ADSs) on the NYSE from October 2007 to May 17 this year, when

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