FORMER AICPA LAWYER TAKES THE HELM AT SEC.Harvey Pitt, corporate lawyer and former general counsel to the SEC under President Jimmy Carter, has been confirmed as SEC chairman. He replaces Laura S. Unger, who has served as acting SEC chairwoman since Arthur Levitt's resignation in February. As the SEC's top dog, Pitt, who is a Republican, will oversee many of the industries he used to represent as a partner with the New York-based law firm of Fried, Frank, Harris, Shriver shrive v. shrove or shrived, shriv·en or shrived, shriv·ing, shrives v.tr. 1. To hear the confession of and give absolution to (a penitent). 2. & Jacobson. Pitt's clients have included the Big Five, brokerage houses, the NYSE NYSE See: New York Stock Exchange , the AICPA AICPA See American Institute of Certified Public Accountants (AICPA). , the Securities Industry Association and the Investment Company Institute. Pitt was involved in negotiations with the SEC regarding its proposals to limit auditor independence by preventing accountants from engaging in consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" . |
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