Discussion Post
In February the White House made a proposal to have the Public Company Accounting Oversight Board (PCAOB) that was created by the Sarbanes-Oxley Act to be absorbed into the SEC to save on costs. Arthur Levitt, a famous prior Chairman of the SEC during the time of the Enron crisis disagrees. Read his Opinion Article in the WSJ Without an Independent Watchdog, Who Will Audit the Auditors?
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