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U.S. Audit Regulator Asks Court to Dismiss Suit by Accountant Challenging Disciplinary Proceedings

April 14, 2023

…Doe, represented by conservative group New Civil Liberties Alliance (NCLA), believes that the PCAOB proceedings are unconstitutional despite the enforcement authority given to the regulatory board by the Sarbanes-Oxley Act of 2002.

The law established the PCAOB to protect investors in response to accounting scandals at companies like Enron and WorldCom…

Originally Published in Thompson Reuters