News & Analysis as of

PCAOB Securities and Exchange Commission (SEC) Proposed Legislation

Cooley LLP

The Coming SEC-PCAOB Merger? Arguments Against Abolishing the PCAOB

Cooley LLP on

The House Financial Services Committee voted to include a provision in the 2025 budget reconciliation bill that would abolish the PCAOB. The proposal would reassign PCAOB functions to the SEC....more

Mayer Brown Free Writings + Perspectives

House Financial Services Committee and House of Representatives Address Capital Formation Related Bills

This past week, the House Financial Services Committee considered and passed a few bills that would, if passed by the House, result in changes to the securities laws. ...more

Mayer Brown Free Writings + Perspectives

Bill Requires Certain Issuers to Disclose to the SEC Information Regarding Foreign Jurisdictions that Prevent or Impair PCAOB...

On December 10, 2018, Representative K. Michael Conway introduced H.R. 7234, a new bill entitled “Holding Foreign Companies Accountable Act” that seeks to amend the Sarbanes-Oxley Act of 2002. ...more

WilmerHale

Senators Again Seek to Open PCAOB Disciplinary Proceedings

WilmerHale on

Senators Charles Grassley (R-Iowa) and Jack Reed (D-Rhode Island) have re-introduced their proposal to open to the public disciplinary proceedings by the Public Company Accounting Oversight Board against accountants. Under...more

Stinson - Corporate & Securities Law Blog

Republicans Announce Plans to Replace Dodd-Frank

House Financial Services Committee Chairman Jeb Hensarling (R-TX) unveiled details of the Financial CHOICE Act – the Republican plan to replace the Dodd-Frank Act and promote economic growth. CHOICE stands for Creating Hope...more

Morrison & Foerster LLP - JOBS Act

JOBS Act 2? A Kickstart to the Jumpstart?

Momentum seems to be building for additional measures that may address issues that the JOBS Act did not tackle. As we have written in this blog, there have been a number of bills introduced in both the House of...more

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