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Auditor liability to investors is changing

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Gene Dziadyk

I am an actuary and firstly want to confirm an auditor duty of care to policyholders of a life insurance company as the policy is a debt security exempt from securities laws and the highest liability class of the insurer. More generally, what would you say of a sanctioned accounting and regulatory regime that allows and even encourages asset arbitrage, a something for nothing swindle?

Sunday, Oct 15, 2017 at 11:48 am Reply