Feds target accountants with new code of conduct
The Commodity Futures Trading Commission (CFTC) is trying to root out corrupt and incompetent accountants from the futures industry.
The CFTC proposed Wednesday a new code of professional conduct for accountants that would include sanctions for those who do not follow the rules.
Accountants who break the code of conduct could be banned from auditing companies in the futures industry. Read more on The Hill.