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S. 1084Senate114th Congress (2015-2017)In Committee

PCAOB Enforcement Transparency Act of 2015

Sponsored by Jack ReedSen. Jack Reed (D-RI)
Introduced April 23, 2015

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SenateIntro Referral Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S2405)

Banking, Housing, and Urban Affairs Committee

April 23, 2015

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SenateIntro Referral

Introduced in Senate

April 23, 2015

SenateIntro Referral

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S2405)

Banking, Housing, and Urban Affairs Committee

April 23, 2015

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Introduced in SenateIssued April 23, 2015

II

114th CONGRESS

1st Session

S. 1084

IN THE SENATE OF THE UNITED STATES

April 23, 2015

Mr. Reed (for himself and Mr. Grassley) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs

A BILL

To promote transparency by permitting the Public Company Accounting Oversight Board to allow its disciplinary proceedings to be open to the public, and for other purposes.

1.

Short title

This Act may be cited as the PCAOB Enforcement Transparency Act of 2015.

2.

Open meetings authorized

Section 105(c)(2) of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7215(c)(2)) is amended to read as follows:

(2)

Public hearings

Hearings under this section shall be open to the public, unless the Board, on its own motion or after considering the motion of a party, orders otherwise.

.

3.

Publication of determinations

Section 105(d)(1)(C) of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7215(d)(1)(C)) is amended by striking (once any stay on the imposition of such sanction has been lifted).