Title 15 — Commerce and Trade
Chapter 98 — Public Company Accounting Reform and Corporate Responsibility
§ 7233. Commission authority
Statutory text
Commission regulations
Not later than 180 days after , the Commission shall issue final regulations to carry out each of subsections (g) through (l) of section 78j–1 of this title.
Auditor independence
It shall be unlawful for any registered public accounting firm (or an associated person thereof, as applicable) to prepare or issue any audit report with respect to any issuer, if the firm or associated person engages in any activity with respect to that issuer prohibited by any of subsections (g) through (l) of section 78j–1 of this title or any rule or regulation of the Commission or of the Board issued thereunder.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Sarbanes-Oxley Act of 2002
Pub. L. 107–204 title II § 208 · 116 Stat. 745
Enacted · 15 U.S.C. § 7233
(Pub. L. 107–204, title II, § 208, July 30, 2002, 116 Stat. 775.)
Source evidence
Code source credit
(Pub. L. 107–204, title II, § 208, July 30, 2002, 116 Stat. 775.)Enacted provision · exact public law section
SEC. 208. COMMISSION AUTHORITY. (a) Commission Regulations.— Not later than 180 days after Deadline. the date of enactment of this Act, the Commission shall issue final regulations to carry out each of subsections (g) through (1) of section 10A of the Securities Exchange Act of 1934, as added by this title. (b) Auditor Independence.— It shall be unlawful for any registered public accounting firm (or an associated person thereof, as applicable) to prepare or issue any audit report with respect to any issuer, if the firm or associated person engages in any activity with respect to that issuer prohibited by any of subsections (g) through (1) of section 10A of the Securities Exchange Act of 1934, as added by this title, or any rule or regulation of the Commission or of the Board issued thereunder.
1 of 1 references resolved to an enrolled provision