SEC Accepting Applications for 2nd Hearing
The second of three scheduled hearings is set for Wednesday, September 13, at 9 a.m., at Pace University in New York City. Written requests to make a presentation at the second hearing are due by August 25 and should be submitted to:
Jonathan G. Katz, Secretary
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
or submitted electronically at firstname.lastname@example.org. Click here  for instructions on how to submit requests and copies of statements.
The proposed auditor independence guidelines would, among other things, allow more flexibility to auditors by reducing the number of audit firm employees and their family members whose investments in audit clients are attributed to the auditor; limit the scope of services that can be provided to audit clients; provide a limited exception for accounting firms that have in place certain quality controls and satisfy other conditions; and require companies to disclose in their annual proxy statements certain information about non-audit services provided by their auditors.