Please ensure Javascript is enabled for purposes of website accessibility
September 30, 2023

SEC in No Rush to Make a Decision on PCAOB Chair

SEC Chair Mary Jo White said that she'll wait until two new commissioners are appointed before deciding on whether James Doty will remain the head of the PCAOB. Currently, the SEC only has three commissioners after Dan Gallagher and Luis Aguilar both left last year.

But how long do we have to wait?! That all depends on something no one likes to depend on:

President Barack Obama last fall nominated two new SEC commissioners to replace Gallagher and Aguilar, but the Senate Banking Committee has not held a confirmation hearing. When the Senate will act on the nominations is unclear.

And there seems to be some fuss over an empty Supreme Court slot, too. Doty can probably get comfortable.

[Reuters]

 

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

Prager Metis building in Decentraland

Prager Metis Just Got Thoroughly Boned By the SEC For Hundreds of Independence Violations

It’s not every day you get to witness a firm getting hit with HUNDREDS of independence violations in one fell swoop. Well today Prager Metis got the independence violation high score in an SEC complaint alleging a mess of them. From the SEC: The Securities and Exchange Commission today announced charges against accounting firm Prager […]

Burnt and melted trash bin from fire

The SEC Has Charged Marcum’s Former National Assurance Services Leader With Being Ass at His One Job

The SEC’s rock-hard justice boner for Marcum continues, this time it’s charges against the firm’s former national assurance services leader for “causing widespread quality control deficiencies.” Or in casual parlance, “totally fucking up.” From today’s news release: The Securities and Exchange Commission today charged Alfonse Gregory Giugliano, CPA, the former National Assurance Services Leader at […]