Market regulation · 18/01/2011

SEC Delegates Authority to PCAOB Chief Accountant for Rule Changes

The Securities and Exchange Commission is granting the Chief Accountant of the Public Company Accounting Oversight Board (PCAOB) authority to make decisions on proposed rule changes, including publishing notices, approving or disapproving rule changes, and temporarily suspending PCAOB rules, in order to conserve Commission resources and improve efficiency.