---
kind: "section"
citation: "15 U.S.C. § 7231"
title: "15"
title_heading: "Commerce and Trade"
number: "7231"
heading: "Exemption authority"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/15/7231"
units:
  - "Chapter 98 — Public Company Accounting Reform and Corporate Responsibility"
  - "Subchapter II — Auditor Independence"
---

# §7231. Exemption authority


The [Board](/usc/15/7201.md?p=5) may, on a case by case basis, exempt any [person](/usc/15/7a.md?p=6), [issuer](/usc/15/7201.md?p=7), [public accounting firm](/usc/15/7201.md?p=11), or transaction from the prohibition on the provision of services under [section 78j–1(g) of this title](/usc/15/78j–1.md?p=g), to the extent that such exemption is necessary or appropriate in the public interest and is consistent with the protection of investors, and subject to review by the [Commission](/usc/15/7201.md?p=6) in the same manner as for [rules of the Board](/usc/15/7201.md?p=13) under [section 7217 of this title](/usc/15/7217.md).


## Source credit

(Pub. L. 107–204, title II, § 201(b), July 30, 2002, 116 Stat. 772.)