1. Should an accounting firm have to resign as the auditor of a company when the partner in charge of the audit is convicted of releasing confidential information about that audit client?
2. How can accounting firms ensure that their partners and staff do not release confidential information?

On July 1, 2013 Scott London, a former KPMG audit partner, pled guilty to securities fraud. He had been passing information to his friend, Bryan Shaw, over a two-year period ending in 2012.