SEC Hires Ex-Andersen Partner
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WASHINGTON (AP) _ The Securities and Exchange Commission has named Scott Taub, a former partner at Arthur Andersen LLP, to serve as a deputy chief accountant for the agency.
Taub was most recently at Andersen’s Professional Standards Group in Chicago, the SEC said Wednesday. He also served as a professional accounting fellow with the SEC’s Office of the Chief Accountant from June 1999 through June 2001.
Taub will share the responsibilities for resolution of accounting and auditing practice issues, rulemaking projects and oversight of private sector standard-setting efforts, the SEC said. He starts work on Sept. 23.
Arthur Andersen was convicted in June of obstruction of justice for shredding and doctoring documents related to Enron audits. It is dismantling its auditing operations.