Title 15, Commerce and TradeRelease 119-102
§7231 Exemption Authority
Title 15 › CHAPTER 98 — PUBLIC COMPANY ACCOUNTING REFORM AND CORPORATE RESPONSIBILITY › SUBCHAPTER II — AUDITOR INDEPENDENCE › § 7231
Summary
The Board may exempt people, firms, or transactions from a ban on certain services to protect investors and the public; the Commission reviews those exemptions like it reviews Board rules.
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
Aug 21, 2026
Release point: 119-102