Sarbanes-oxley act of 2002

19 Sec. 
105 
SARBANES-OXLEY ACT OF 2002 
(D) R
EMOVAL OF SUBSEQUENT PROHIBITION
.—If, after 
the end of the 5-year period beginning on the date on 
which the Commission imposes a prohibition on a covered 
issuer under subparagraph (C), the covered issuer certifies 
to the Commission that the covered issuer will retain a 
registered public accounting firm that the Board is able to 
inspect under this section, the Commission shall end that 
prohibition. 
(4) R
ULES
.—Not later than 90 days after the date of enact-
ment of this subsection, the Commission shall issue rules that 
establish the manner and form in which a covered issuer shall 
make a submission required under paragraph (2)(B). 
SEC. 105. ø15 U.S.C. 7215¿ INVESTIGATIONS AND DISCIPLINARY PRO-
CEEDINGS. 
(a) I
N
G
ENERAL
.—The Board shall establish, by rule, subject to 
the requirements of this section, fair procedures for the investiga-
tion and disciplining of registered public accounting firms and asso-
ciated persons of such firms. 
(b) I
NVESTIGATIONS
.— 
(1) A
UTHORITY
.—In accordance with the rules of the Board, 
the Board may conduct an investigation of any act or practice, 
or omission to act, by a registered public accounting firm, any 
associated person of such firm, or both, that may violate any 
provision of this Act, the rules of the Board, the provisions of 
the securities laws relating to the preparation and issuance of 
audit reports and the obligations and liabilities of accountants 
with respect thereto, including the rules of the Commission 
issued under this Act, or professional standards, regardless of 
how the act, practice, or omission is brought to the attention 
of the Board. 
(2) T
ESTIMONY AND DOCUMENT PRODUCTION
.—In addition 
to such other actions as the Board determines to be necessary 
or appropriate, the rules of the Board may— 
(A) require the testimony of the firm or of any person 
associated with a registered public accounting firm, with 
respect to any matter that the Board considers relevant or 
material to an investigation; 
(B) require the production of audit work papers and 
any other document or information in the possession of a 
registered public accounting firm or any associated person 
thereof, wherever domiciled, that the Board considers rel-
evant or material to the investigation, and may inspect the 
books and records of such firm or associated person to 
verify the accuracy of any documents or information sup-
plied; 
(C) request the testimony of, and production of any 
document in the possession of, any other person, including 
any client of a registered public accounting firm that the 
Board considers relevant or material to an investigation 
under this section, with appropriate notice, subject to the 
needs of the investigation, as permitted under the rules of 
the Board; and 
(D) provide for procedures to seek issuance by the 
Commission, in a manner established by the Commission, 
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December 21, 2020 
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As Amended Through P.L. 116-222, Enacted December 18, 2020

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