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Auditors Suspended in College of New Rochelle Fallout By   Two former KPMG auditors agreed to be suspended from practicing before the U.S. Securities and Exchange Commission after the financial regulator charged them with improper professional conduct during an audit of the since-closed College of New Rochelle in New York. Christopher Stanley, a former KPMG partner, has the right to apply for reinstatement after three years. Jennifer Stewart, a former senior manager at the auditing firm, can apply for reinstatement after one year. They agreed to be suspended without admitting to or denying ...

SEC Charges Two Former KPMG Auditors for Improper Professional Conduct Zoya Malik February 24, 2021 (Last Updated February 24th, 2021 13:45) Share Article On 23 February 2021, The Securities and Exchange Commission suspended two former KPMG auditors from practicing before the SEC in connection with settled charges against the two for improper professional conduct during an audit of the now defunct, not-for-profit College of New Rochelle.  The SEC previously charged the college’s former controller with fraud in connection with the college’...

FOR IMMEDIATE RELEASE Washington D.C., Feb. 23, 2021 — The Securities and Exchange Commission today suspended two former KPMG auditors from practicing before the SEC in connection with settled charges against the two for improper professional conduct during an audit of the now defunct, not-for-profit College of New Rochelle.  The SEC previously charged the college’s former controller with fraud in connection with the college’s fiscal year 2015 financial statements.  According to the SEC’s orders, former KPMG partner Christopher Stanley approved, and former KPMG s...