S.E.C. Is Investigating Accounting of Chinese Client of Deloitte in Shanghai.

CORRECTION APPENDED The Securities and Exchange Commission disclosed Wednesday that it was investigating another Chinese client of the Shanghai affiliate of Deloitte, the large accounting group, on suspicion of accounting fraud. It did not identify the company, but an official said the investigation, which began in 2010, was continuing. The S.E.C. filed an administrative action against Deloitte Touche Tohmatsu CPA Ltd. of Shanghai for refusing to provide audit work papers related to the unidentified company. Deloitte said it had provided the work papers to Chinese regulators but could not provide them to United States regulators under Chinese law. [ABSTRACT FROM PUBLISHER]