Chang, Thomas of Alhambra, CA

November 1, 2019

Under the automatic disciplinary provisions of the Institute’s bylaws, Mr. Chang’s AICPA membership was suspended for one year, effective July 1, 2019, the date of the SEC’s disciplinary action. This action is based on the Securities and Exchange Commission’s Order Instituting Public Administrative and Cease-and-Desist Proceedings Pursuant to Sections 4C and 21C of the Securities Exchange Act of 1934 and Rule 102(e) of the Commission’s Rules of Practice, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order. Details regarding the SEC’s Order can be found on the SEC’s website.