S. 2919

119th CONGRESS 1st Session

To amend the Sarbanes-Oxley Act of 2002 to promote transparency by permitting the Public Company Accounting Oversight Board to allow its disciplinary proceedings to be open to the public, and for other purposes.

IN THE SENATE OF THE UNITED STATES · September 19 (legislative day, September 16), 2025 · Sponsor: Mr. Reed · Committee: Committee on Banking, Housing, and Urban Affairs

Table of contents

• S. 2919
  • SEC. 1. Short title
  • SEC. 2. Open meetings authorized
  • SEC. 3. Publication of determinations

SEC. 1. Short title

• This Act may be cited as the PCAOB Enforcement Transparency Act of 2025.

SEC. 2. Open meetings authorized

• Section 105(c) of the Sarbanes-Oxley Act of 2002 () is amended by striking paragraph (2) and inserting the following: 15 U.S.C. 7215(c)
  • (2) Public hearings
    • Hearings under this section shall be open to the public, unless the Board, on its own motion or after considering the motion of a party, orders otherwise.

SEC. 3. Publication of determinations

• Section 105(d)(1)(C) of the Sarbanes-Oxley Act of 2002 () is amended by striking . 15 U.S.C. 7215(d)(1)(C)