SEC Taps CPA to Oversee Fraud Cases

Charles Niemeier, a CPA with the Washington, D.C. law firm of Williams & Connolly, is now on board with the SEC as Chief Accountant of the Division of Enforcement to help investigate accounting fraud. In this capacity, he will advise the enforcement division on accounting related issues.

Niemeier also will head a new SEC group called the 'Financial Fraud Task Force,' which will consist of a team of accountants and lawyers focusing on accounting and financial reporting investigations. Additionally, the Task Force will help look into how the SEC can move cases along at a faster rate.

Niemeier will succeed Walter Schuetze as the Chief Accountant. Mr. Schuetze will continue providing consulting services to the SEC.

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