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The SEC said Deloitte's refusal to provide the documents violates the Sarbanes-Oxley Act. The U.S. law requires foreign public accounting firms to provide audit work papers for companies that issue stock in the United States. Auditors have been caught in the midst of a crackdown by U.S. regulators on questionable accounting practices by some Chinese companies with shares listed on U.S. markets. Initially, the big audit companies, which dominate the market, were allowed to use foreign-qualified accountants in their China ventures.
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