Under the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934, a CPA may be liable if the CPA acted Securities Law & Liabilities of CPA's Under the antifraud provisions of Section 10(b) of the Securities Exchange Act of 1934, a CPA may be liable if the CPA acted Without good faith. Learn More : Share this Share on FacebookTweet on TwitterPlus on Google+