US Codex
Bill
Notes

To amend the Sarbanes-Oxley Act of 2002 to institute a trading prohibition for certain issuers that retain public accounting firms that have not been subject to inspection by the Public Company Accounting Oversight Board, and for other purposes.

S. 2184 · 117th Congress · Jun 22, 2021 · Lineage

AN ACT

Section 1 Trading prohibition for 2 consecutive non-inspection years

Section 104(i) of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7214(i)) is amended—
(1)
in paragraph (2)(A)(ii), by striking “the foreign jurisdiction described in clause (i)” and inserting “a foreign jurisdiction”; and
(2)
in paragraph (3)—
(A)
in the paragraph heading, by striking “3” and inserting “2”; and
(B)
in subparagraph (A), in the matter preceding clause (i), by striking “3” and inserting “2”.