The Securities and Exchange Commission has agreed to bar a former Arthur Andersen audit partner from appearing or practicing before the commission for at least five years.

In December 2002, the SEC charged former Andersen partner Robert A. Putnam with fraud and improper professional conduct in connection with his audits of HBO & Co., an Atlanta-based software developer for the healthcare industry, and Ebix.com, a Chicago-based developer of software for the insurance industry.

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