To amend the Sarbanes-Oxley Act of 2002 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.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
The bill expands PCAOB disciplinary proceedings transparency bill and defines amend Section 105(d)(1)(C) of Sarbanes-Oxley Act. It relies on procedural change and definition changes. The main policy areas are Finance.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
Public Company Accounting Oversight Board (PCAOB) would take on compliance duties.
Key Provisions
- Expands PCAOB disciplinary proceedings transparency bill.
- Defines amend Section 105(d)(1)(C) of Sarbanes-Oxley Act.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
The bill expands PCAOB disciplinary proceedings transparency bill and defines amend Section 105(d)(1)(C) of Sarbanes-Oxley Act.
Key Policy Areas
Finance
Primary Purpose
The bill expands PCAOB disciplinary proceedings transparency bill and defines amend Section 105(d)(1)(C) of Sarbanes-Oxley Act.
Policy Domains
Title I — To amend the Sarbanes-Oxley Act of 2002 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.
Identified Costs
- Public Company Accounting Oversight Board (PCAOB)
Sponsors
Jack Reed
D-RI | Primary Sponsor
Legislative Progress
IntroducedMr. Reed (for himself and Mr. Grassley) introduced the following …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
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