| UNITED STATES OF AMERICA | |
| before the | |
| SECURITIES AND EXCHANGE COMMISSION | |
| SECURITIES EXCHANGE ACT OF 1934 | |
| Release No. 91983 / May 24, 2021 | |
| ACCOUNTING AND AUDITING ENFORCEMENT | |
| Release No. 4222 / May 24, 2021 | |
| Admin. Proc. File No. 3-19767 | |
| In the Matter of | |
| PLS, CPA, A PROFESSIONAL CORPORATION, | |
| A/K/A PLS CPAs; CHANG G. PARK, CPA, A/K/A | |
| CHANGGEUN PARK; JOSEPH YONGYUN LEE, | |
| CPA, A/K/A YONG YUN LEE; AND JUCHI LEE, | |
| CPA, A/K/A JUCHI LEE FERNANDEZ, JUCHI LEE, | |
| JU CHI LEE, SUE LEE | |
| ORDER | |
| On April 24, 2020, the Securities and Exchange Commission issued an order instituting | |
| an administrative proceeding against PLS, CPA, a Professional Corporation, a/k/a PLS CPAs; | |
| Chang G. Park, CPA, a/k/a Changgeun Park; Joseph Yongyun Lee, CPA, a/k/a Yong Yun Lee; | |
| and Juchi Lee, CPA, a/k/a Juchi Lee Fernandez, Ju-chi Lee, Ju Chi Lee, Sue Lee (collectively, | |
| “Respondents”), pursuant to Sections 4C and 21C of the Securities Exchange Act of 1934 and | |
| Rules 102(e)(1)(ii) and (iii) of the Commission's Rules of Practice.1 On March 29, 2021, the | |
| Division of Enforcement and Respondents filed a joint motion for a stay based on the parties’ | |
| agreement in principle to a settlement on all major terms. On April 1, 2021, we granted the | |
| parties’ motion for a stay contingent on the submission to the Commission of Respondents’ | |
| signed offer of settlement and the Division’s accompanying recommendation no later than May | |
| 27, 2021, and ordered the parties to file a joint status report if that deadline was not met.2 | |
| On May 17, 2021, the parties filed a joint status report representing that they have made | |
| good faith efforts to comply with the April 1, 2021 order and are in the process of finalizing the | |
| settlement documentation. They request that the proceeding remain stayed until June 25, 2021, | |
| 1 PLS, CPA, a Professional Corporation, a/k/a PLS CPAs, Exchange Act Release No. 88739, | |
| 2020 WL 2039958 (Apr. 24, 2020). | |
| 2 PLS, CPA, a Professional Corporation, a/k/a PLS CPAs, Exchange Act Release No. 91451, | |
| 2021 WL 1226197 (Apr. 1, 2021). | |
| 2 | |
| to afford them sufficient time to finalize the settlement documentation and submit Respondents’ | |
| signed offer of settlement and the Division’s accompanying recommendation to the Commission. | |
| Given these representations, it appears appropriate to extend the stay. | |
| Accordingly, it is ORDERED that the joint request is GRANTED and that this | |
| proceeding is stayed until June 25, 2021, to ensure that the parties have sufficient time to attempt | |
| to finalize the settlement. The stay is contingent on the submission to the Commission of | |
| Respondents’ signed offer of settlement and the Division’s accompanying recommendation no | |
| later than June 25, 2021. If this deadline is not met or if the Commission rejects the offer of | |
| settlement, the parties shall file another joint status report within 7 days of that event. | |
| For the Commission, by the Office of the General Counsel, pursuant to delegated | |
| authority. | |
| Vanessa A. Countryman | |
| Secretary |