PCAOB Proposes Regulatory Compliance for Audits of Brokers and Dealers

• Date: December 15, 2010
• Source: Admin

The Public Company Accounting Oversight Board (PCAOB) released a regulatory compliance program overseeing the audits of brokers and dealers. This is its proposed interim inspection program. During the meeting held just before the release, the PCAOB initiated the regulation of audit securities of brokers and dealers. The meeting also addressed the issue of the support fee to fund that board’s extended broker-dealer oversight responsibility.