June 8, 2021

SEC Removes PCAOB Chairman—Seeks To Replace Entire Board

Client Alert
Sydne K. Collier | Jessica B. Magee

Continuing a recent spate of agency announcements and public statements focused on market risk and investor protection, on June 4, 2021, the Securities & Exchange Commission (SEC) announced its removal of William D. Duhnke III as Chairperson of the Public Company Accounting Oversight Board (PCAOB)—a nonprofit established under the Sarbanes-Oxley Act of 2002 to oversee the audits of financial statements of public companies.

READ: SEC Removes PCAOB Chairman—Seeks To Replace Entire Board

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