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Bill > HR5614


US HR5614

US HR5614
PCAOB Transparency Act


summary

Introduced
04/25/2018
In Committee
04/25/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

PCAOB Transparency Act

AI Summary

This bill, the PCAOB Transparency Act, aims to increase transparency of the Public Company Accounting Oversight Board (PCAOB) and the Municipal Securities Rulemaking Board (MSRB). It does this by allowing Congressional committees to access confidential or privileged information held by the PCAOB, and by requiring the PCAOB to abolish its Investor Advisory Group. Additionally, the bill reallocates fines collected by the MSRB for violations of its rules, directing them to be deposited as general revenue of the Treasury rather than being used for other purposes.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Referred to the House Committee on Financial Services. (on 04/25/2018)

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