Sarbanes-oxley act of 2002

5 Sec. 
2 
SARBANES-OXLEY ACT OF 2002 
(II) non-cooperation, as described in section 
105(b)(3), with respect to a demand in a Board in-
vestigation for testimony, documents, or other in-
formation relating to a period when such person 
was associated or seeking to become associated 
with a registered public accounting firm. 
(10) P
ROFESSIONAL
STANDARDS
.—The term ‘‘professional 
standards’’ means— 
(A) accounting principles that are— 
(i) established by the standard setting body de-
scribed in section 19(b) of the Securities Act of 1933, 
as amended by this Act, or prescribed by the Commis-
sion under section 19(a) of that Act (15 U.S.C. 17a(s)) 
or section 13(b) of the Securities Exchange Act of 1934 
(15 U.S.C. 78a(m)); and 
(ii) relevant to audit reports for particular issuers, 
or dealt with in the quality control system of a par-
ticular registered public accounting firm; and 
(B) auditing standards, standards for attestation en-
gagements, quality control policies and procedures, ethical 
and competency standards, and independence standards 
(including rules implementing title II) that the Board or 
the Commission determines— 
(i) relate to the preparation or issuance of audit 
reports for issuers; and 
(ii) are established or adopted by the Board under 
section 103(a), or are promulgated as rules of the 
Commission. 
(11) P
UBLIC ACCOUNTING FIRM
.—The term ‘‘public account-
ing firm’’ means— 
(A) a proprietorship, partnership, incorporated associa-
tion, corporation, limited liability company, limited liabil-
ity partnership, or other legal entity that is engaged in the 
practice of public accounting or preparing or issuing audit 
reports; and 
(B) to the extent so designated by the rules of the 
Board, any associated person of any entity described in 
subparagraph (A). 
(12) R
EGISTERED
PUBLIC
ACCOUNTING
FIRM
.—The term 
‘‘registered public accounting firm’’ means a public accounting 
firm registered with the Board in accordance with this Act. 
(13) R
ULES OF THE BOARD
.—The term ‘‘rules of the Board’’ 
means the bylaws and rules of the Board (as submitted to, and 
approved, modified, or amended by the Commission, in accord-
ance with section 107), and those stated policies, practices, and 
interpretations of the Board that the Commission, by rule, may 
deem to be rules of the Board, as necessary or appropriate in 
the public interest or for the protection of investors. 
(14) S
ECURITY
.—The term ‘‘security’’ has the same mean-
ing as in section 3(a) of the Securities Exchange Act of 1934 
(15 U.S.C. 78c(a)). 
(15) S
ECURITIES LAWS
.—The term ‘‘securities laws’’ means 
the provisions of law referred to in section 3(a)(47) of the Secu-
rities Exchange Act of 1934 (15 U.S.C. 78c(a)(47)), as amended 
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December 21, 2020 
G:\COMP\SEC\SARBANES-OXLEY ACT OF 2002.XML
As Amended Through P.L. 116-222, Enacted December 18, 2020

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