SEC Names New Accounting Oversight Chair

Law360, New York (June 20, 2006, 12:00 AM EDT) -- As small companies continue to decry the stiff requirements of the Sarbanes-Oxley Act, the U.S. Securities & Exchange Commission has appointed a former governor of the Federal Reserve to serve as the new leader of the Public Company Accounting Oversight Board.

The SEC announced Mark Olson’s appointment as chairman of the PCAOB earlier this week, praising his “sound judgment and excellent leadership ability.”

"Mark Olson's experience as a central banker, his background in securities law, his expertise gained as partner in a major accounting firm, his...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.