SEC Proposes Updates to Auditor Independence Rules

SEC is proposing amendments to codify staff consultations and update aspects of its auditor independence framework, according to emailed statement.

• Proposed amendments would update some portions of auditor independence rules with aim to minimize rule-breach triggers or audit committee reviews of non-substantive matters, according to statement
  • Proposed rules subject to 60-day public comment period once published in Federal Register
• Link to statement

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Catherine Dodge, Caitlin Webber

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