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OSC alleges audit failures by KPMG, seeking up to $40M in penalties

OSC alleges audit failures by KPMG, seeking up to $40M in penalties

TORONTO — The Ontario Securities Commission is alleging KPMG failed as an auditor in its 2019 and 2020 reports on four funds managed by Bridging Finance Inc. and is seeking up to $40 million in penalties.
The regulator alleges the firm

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