Search Results: keywords:"sarbanes-oxley act"

  • H. R. 8228 — To amend the Sarbanes-Oxley Act of 2002 to transfer the Public Company Accounting Oversight Board to the Securities and Exchange Commission, and for other purposes.
    Status:Introduced in House
    Words:2,469

    H.R. 8228 is a bill that aims to change the Sarbanes-Oxley Act of 2002 by moving the responsibilities of the Public Company Accounting Oversight Board to the Securities and Exchange Commission (SEC). The bill proposes creating a new entity within the SEC called the Office of Public Accounting...

    Simple Explanation

    H.R. 8228 is a bill that wants to move a group that checks if companies are telling the truth about their money from its own place to join another bigger group that watches over businesses. This change aims to make things less complicated but might have some tricky parts to figure out.

  • H. R. 8339 — To make improvements to the securities laws, and for other purposes.
    Status:Introduced in House
    Words:6,239

    The SEC Reform and Restructuring Act aims to improve how the Securities and Exchange Commission (SEC) makes and reviews regulations. It requires the SEC to assess the costs and benefits of its rules and consider their cumulative effects. Additionally, the bill proposes...

    Simple Explanation

    The SEC Reform and Restructuring Act is a plan to make the SEC, which helps keep companies honest and safe in money matters, work better and be clearer. It wants to make sure new rules aren't too much trouble and are fair, and it also wants to check how the SEC handles technology and company checks.