SEC Probes Marcum LLP Over 'Cooked Books' in $MDXG Case, $RILY Also Scrutinized

The Securities and Exchange Commission (SEC) has initiated administrative proceedings against an audit partner related to the firm Marcum LLP and its audit partner, La Rocca, in connection with issues surrounding the company $MDXG, hinting at 'cooked books'. This development is part of a broader scrutiny involving $RILY, with various stakeholders, including @AureliusValue, @StockJabber, and @JonathanWeil, highlighting the significance of the matter. Additionally, concerns have been raised about Randall Paulson's independence as the audit chair at $RILY, further intensifying the scrutiny around the company's financial practices.