Both the 1933 and 1934 Securities Acts and the Sarbanes-Oxley Act of 2002 provide for criminal actions against auditors.

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Both the 1933 and 1934 Securities Acts and the Sarbanes-Oxley Act of 2002 include provisions for criminal actions against auditors. These Acts aim to ensure financial transparency and accountability in the securities industry, with auditors playing a critical role in maintaining trust in the financial reporting process. By providing for criminal sanctions, these Acts help to deter auditors from engaging in fraudulent or unethical practices.