WASHINGTON: The US securities regulators have asked a federal court to force a Chinese unit of accounting giant Deloitte & Touche to produce records related to possible accounting fraud at Longtop Financial Technologies Ltd.
The Securities and Exchange Commission (SEC) effort to enforce a subpoena against Shanghai-based Deloitte Touche Tohmatsu CPA Ltd underscores the difficulties regulators face in probin accounting irregularities at US-listed Chinese companies.
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