SEC Reform and Restructuring Act proposes changes to securities laws, including the transfer of oversight of public accounting firms from the Public.
The SEC Reform and Restructuring Act aims to enhance the Securities and Exchange Commission's (SEC) regulatory framework. It includes the transfer of oversight responsibilities for public accounting firms from the Public Company Accounting Oversight Board to the SEC, establishing an Office of Public Accounting Oversight within the SEC. The act mandates the SEC to consider the costs and benefits of regulations, requires a minimum public comment period for proposed rules, and directs the Comptroller General to study major rules issued by the SEC.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.