Free Enterprise Fund v. PCAOB

DC Circuit Opinion in Free Enterprise Fund v. PCAOB

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The Supreme Court agreed on Monday to rule on the constitutionality of the Sarbanes-Oxley Act passed in 2002 to create a new government agency to regulate firms that audit the books of publicly traded companies. The key question in the case is whether the Act violated the separation-of-powers doctrine by the mode of selection and removal of members of the Public Company Accounting Oversight Board. The case is Free Enterprise Fund v. PCAOB (08-861).

This decision is the underlying DC Circuit opinion.

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Reference Info:Decision | Federal, D.C. Circuit, D.C. | United States


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