Corporate Governance

CFA and Fund Democracy Letter to Public Company Accounting Oversight Board on Audit Disclosure

CFA comments on behalf of Fund Democracy and the Consumer Federation of America on the Public Company Accounting Oversight Board’s (“PCAOB” or “Board”) proposal to require, among other things, that audit firms disclose the name of the audit engagement partner in the auditor’s report. The Board’s leadership on this and other issues has been a beacon of hope for those who continue to believe that effective regulation is a necessary condition of efficient financial markets. CFA applauds the Board’s proposal and urges its expedited adoption.