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An audit firm is engaged to audit a futures commission merchant. Which independence rules apply to this engagement? AICPA independence rules only. PCAOB and SEC
An audit firm is engaged to audit a futures commission merchant. Which independence rules apply to this engagement?
- AICPA independence rules only.
- PCAOB and SEC independence rules, whether the client is publicly traded or not.
- PCAOB independence rules that apply to audits of broker dealers that are not issuers of securities.
O SEC independence rules only.
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