Today my colleagues propose to roll back the requirement that auditors attest to the adequacy of certain companies\u2019 internal controls. <\/strong>The proposal\u2019s analysis of the costs of attestation is based on data that\u2019s over a decade old, and the proposal makes no real attempt to assess the investor-protection benefits of gatekeepers in our markets. Having conducted my own analysis using data from today\u2019s<\/i> marketplace, it\u2019s clear that this proposal has no apparent basis in evidence. Accordingly, I respectfully dissent.<\/p>\n

https:\/\/www.sec.gov\/news\/public-statement\/jackson-statement-proposed-amendments-accelerated-filer-definition<\/a><\/span><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Today my colleagues propose to roll back the requirement that auditors attest to the adequacy of certain companies\u2019 internal controls. The proposal\u2019s analysis of the costs of attestation is based on data that\u2019s over a decade old, and the proposal makes no real attempt to assess the investor-protection benefits of gatekeepers in our markets. Having […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[81,80,31],"tags":[],"class_list":["post-4780","post","type-post","status-publish","format-standard","hentry","category-esg","category-philosophical-musings","category-thoughts"],"yoast_head":"\n