KPMG fined $50 mln for using stolen data, exam fraud - U.S. SEC

WASHINGTON (Reuters) - KPMG LLP has agreed to pay a $50 million (£44 million) fine over allegations former staffers used stolen information to alter some of the accounting firm's previous audit work and cheated on training exams, the U.S. Securities and Exchange Commission said on Monday.KPMG admitted to the SEC's allegations and agreed to hire an independent consultant to assess the firm's ethics and integrity controls, as well as its compliance related to abuse of the exams issued by the..