AI filing briefs

LMP CAPITAL & INCOME FUND INC. (SCD)

SCD 8-K filings in 2017

Every material Form 8-K LMP CAPITAL & INCOME FUND INC. filed with the SEC in 2017, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.

Briefs in 201713 on record in all
Latest filing in 2017Aug 16, 2017other
High impact (4-5)0of 1 brief
ToneNeutral1
Aug 16, 5:47 PM ET

LMP Capital & Income Fund replaces KPMG with PwC as auditor for fiscal 2017

Neutral other Written later 4.01

On August 14, 2017, KPMG resigned as the auditor of LMP Capital and Income Fund Inc. at the fund's request, and the board approved PricewaterhouseCoopers as its new auditor for the fiscal year ending November 30, 2017. The filing states KPMG's prior audit reports contained no adverse opinion, disclaimer, or qualification, and that there were no disagreements or reportable events, so the change is administrative and does not signal a problem with the fund's financial reporting.

  • KPMG resigned on August 14, 2017, at the fund's request.
  • PwC was approved by the board on August 10, 2017, effective August 14, 2017, for the fiscal year ending November 30, 2017.
  • KPMG's reports for fiscal years ended November 30, 2016 and 2015 contained no adverse opinion or disclaimer and were not qualified.
  • KPMG's letter dated August 16, 2017 is filed as Exhibit 16.1.
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