Back in 2017, Phil Michelson settled in civil court his insider training issues with the SEC.
At that point in time why did KPMG continue to have Michelson hawking their prime product which are the audit of SEC regulated companies. Is not the point of having an audit to present to the trading public that the financial statements are materially correct and follow the rules? So if your spokesman cannot follow the SEC rules and has to pay a civil fine of $1,037,029 should you not want to let him go?
Now KPMG has dismissed Phil for his comments about the Saudi Arabia's human rights record. Which is a worst thing to do, insider trading or speaking your observations about the treatment of humans?
Remember to follow the money!!