UPDATE 1-Deloitte to pay $1 mln to resolve SEC auditor independence rule charges

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UPDATE 1-Deloitte to pay $1 mln to resolve SEC auditor independence rule charges

UPDATE 1-Deloitte to pay $1 mln to resolve SEC auditor independence rule charges
WASHINGTON, July 1 (Reuters) - Deloitte & Touche LLP will pay more than $1 million to settle charges that it violated auditor independence rules, after its consulting arm maintained a relationship with a trustee who served on boards for funds Deloitte audited, U.S. regulators said.

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