Tag Archives: PCAOB

A book titled "Consumer Protection" on a desk with a gavel resting on top

Letters to Regulators: Letter Opposing the PCAOB’s Rushed Rule Weakening Auditor Independence Standards

Americans for Financial Reform Education Fund signs onto a letter from Consumer Federation of America opposing the PCAOB’s proposal to weaken auditor independence standards. The proposed rule will undermine investors’ faith in the reliability of financial disclosures, and risk the integrity of our capital markets. Furthermore, the PCAOB has abused process by adopting these changes without opportunity for public comment and hurrying the SEC approval process without justification. The undersigned urge the SEC to deny the requested rule change.

Letters to Regulators: Joint letter to the SEC urging Chairman Clayton to withdraw anti-investor guidance that would undermine independent audits of public companies.

View or download a PDF version of the letter. Consumer Federation of America AFL-CIO Better Markets Center for American Progress Americans for Financial Reform November 21, 2018 Dear Chairman Clayton: We are writing to express our grave concerns regarding PCAOB staff guidance on Rule 3526(b),