RETRACTION

In the last issue of the Bulletin the Commission inadvertently repeated a consent action reprimanding William R. Strickland of Chapel Hill for failure to assure that the trust account records of the firm were properly maintained. The action had already been reported in the previous issue of the Bulletin. During 1987 and 1988 an of fire assistant/bookkeeper for Mr. Strickland's firm converted company funds to her own use, and failed to properly account for funds belonging to others. After the bookkeeper's departure, certain company financial records could not be located. The Commission noted that Mr. Strickland and the other owners of the firm made necessary corrections to the firm's accounts and records, reported the irregularities to the Commission, and reported the office assistant/bookkeeper's conduct to the appropriate criminal law enforcement officials.

It is the Commission's customary practice to report disciplinary actions against licensees only once. The Commission apologizes for reporting this matter a second time.