As a result of a decision of a hearing panel of the Joint Trial Board, Mr. Pulley was admonished effective February 27, 2020. Mr. Pulley was found guilty of violating Rule 201 – General Standards A. Professional Competence; Rule 201 – General Standards B. Due Professional Care; Rule 202 – Compliance with Standards; Rule 203 – Accounting Principles and Rule 501, Interpretation 501-5 – Failure to follow requirements of governmental bodies, commissions, or other regulatory agencies of the AICPA Code of Professional Conduct in connection with his performance of professional services related to an employee benefit plan audit. Mr. Pulley was directed to complete 43 hours of CPE, have one audit subject to pre-issuance review and to submit a workproduct follow-up engagement. Additionally, he is to provide an attestation every six months for three years that he is no longer performing employee benefit plan audits and is prohibited from performing peer reviews, teaching CPE, and serving on committees of the AICPA.