When a CPA departs a firm and takes another position in an entity that has an audit, it's unethical, a discreditable act, to use knowledge gained in public accounting to circumvent the audit process. The SEC sued Deloitte and Deloitte's Mergers and Acquisitions tax partner, Arnold McClellan and his wife, Annabel, also ex-Deloitte employee, alleging that they passed confidential information about at least seven acquisitions planned by Deloitte's clients to her sister and sister's husband. The SEC alleged they made $23 million using the confidential information. Mrs. McClellan agreed to pay $1 million to settle the SEC lawsuit. She told prosecutors that Mr. McClellan was not aware that she overheard him discussing confidential information. Since Mrs. McClellan did not divulge this information to another company and only used the information for personal purposes, did she violate the AICPA's code of ethics? She paid $1 million and was able to keep $22 million. Does this enforce good ethical practices?