U.S. audit watchdog fines PwC for flawed audit of Merrill Lynch brokerage

WASHINGTON, Aug 2 (Reuters) – Accounting companyPricewaterhouseCoopers LLP will pay $1 million to settle a civilcomplaint alleging it conducted a flawed audit into MerrillLynch’s compliance with federal brokerage customer protectionrules, U.S. audit watchdogs said on Wednesday.
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