Choose an area of interest:
Search 

Choose an area of interest:


SEC to Hold Second Public Hearing


WASHINGTON, D.C., Aug. 22, 2000 (SmartPros) In an effort to get the public's view on its proposal to modernize auditor independence rules, the Securities and Exchange Commission said it will hold a second public hearing.



The hearing, scheduled for Wednesday, Sept. 13 at 9:00 a.m. EST, will be held in at Pace University's Pace Downtown Theatre between Park Row and Gold Street in New York.

Any member of the public wishing to testify at the hearing must submit a written request to the Commission, which must be received by Aug. 25. Those requesting to testify must submit three copies of their oral statement or a summary of their intended testimony to the Commission, which must be received by Sept. 5. Those who do not wish to appear at the hearings, but want their views included in the public file, may submit written comments by Sept. 25 according to a release issued by the commission.

Requests to testify, oral statements or summaries, and written comments should be mailed to Jonathan G. Katz, Secretary, Securities and Exchange Commission, 450 Fifth Street, N.W., Washington, D.C. 20549 or submitted electronically at rule-comments@sec.gov. The words "Request to Testify" should be clearly noted on the subject line of the request. All requests and other submissions also should refer to Comment File No. S7-13-00.

According to the SEC, the proposal would, among other things, reduce the number of audit firm employees and their family members whose investments in audit clients are attributed to the auditor; identify certain non-audit services that, if provided to an audit client, would impair an auditor’s independence; and require companies to disclose in their annual proxy statements certain information about, among other things, non-audit services provided by their auditors during the last fiscal year.

-- SmartPros News Staff

Send comments to information@smartpros.com

 

Back to NewsLine

2000, Smartpros Ltd. All Rights Reserved.

Related Stories
 
 
NewsLine: Legato Draws SEC Scrutiny for Accounting

  Also By This Author
 
NewsLine: Terk to Lead Fiducial Triple Check Licensee Association Council

Newsline: Financial Expert Speaks on Investing at ICPAS Show

NewsLine: Laskawy Breaks With SEC at AAA Conference

  Related Courses
 
Annual CPE Subscriptions


 
Would you recommend this article?
5 (yes, highly)
4
3
2
1 (no, not at all)
Comments:


 
 
About SmartPros | Accounting Products | Professional Education | Marketing Services | Consulting | Engineering Products | Contact Us
2009 SmartPros Ltd.