Title 15 — Commerce and TradeRelease 119-73

§7231 Exemption authority

Title 15 › Chapter CHAPTER 98— - PUBLIC COMPANY ACCOUNTING REFORM AND CORPORATE RESPONSIBILITY › Subchapter SUBCHAPTER II— - AUDITOR INDEPENDENCE › § 7231

Last updated Apr 6, 2026|Official source

Summary

The Board can exempt people, issuers, accounting firms, or deals from the services ban when that is needed to protect the public and investors. The Commission reviews those exemptions.

Full Legal Text

Title 15, §7231

Commerce and Trade — Source: USLM XML via OLRC

The Board may, on a case by case basis, exempt any person, issuer, public accounting firm, or transaction from the prohibition on the provision of services under section 78j–1(g) of this title, 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 in the same manner as for rules of the Board under section 7217 of this title.

Reference

Citations & Metadata

Citation

15 U.S.C. § 7231

Title 15 — Commerce and Trade

Last Updated

Apr 6, 2026

Release point: 119-73