Anyone hearing anything regarding what this new administration will do with the SEC/PCAOB?

Thought I read somewhere they were considering lessening some of the PCAOB’s power.

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Hopefully dissolve it completely.

likefunnyuplifting

That’ll surely be great for the future of audit quality!

/sarcasm

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Get rid of woke policies for sure

like

I was just coming to ask this. What exactly are woke policies?

https://www.pwc.com/us/en/industries/financial-services/library/our-take.html

SEC PCAOB was discussed in one of these publications at some point.

https://viewpoint.pwc.com/dt/us/en/pwc/in_depths/2024/assets/id202407.pdf

There has been speculation that the PCAOB will move to be part of SEC but expect more principles based rule making, no movement on sustainable ability and a focus on capital formation (ie making it easier for companies with fewer regulatory hurdles)

What the should do is put auditors in charge of the pcaob and not a bunch of lawyers that have never performed an audit.

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