Archive for June 28th, 2010

Now What? Supremes Declare PCAOB Board Appointment Process Unconstitutional

By at 28 June, 2010, 7:35 pm

Greetings from Toronto and the Reverse Merger Conference. We anticipated a decision this week, and now it has happened. The US Supreme Court today ruled that the process by which Board members of the Public Company Accounting Oversight Board, which registers and audits every accounting firm that serves as auditors for US public companies, are appointed is unconstitutional. [...]

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