Abolish PCAOB and FINRA

Securities and Exchange Commission / Office of the Chairman

Abolish the Public Company Accounting Oversight Board and Financial Industry Regulatory Authority, merging their regulatory functions into the SEC

"To reduce costs and improve transparency, due process, congressional oversight, and responsiveness, PCAOB and FINRA should be abolished, and their regulatory functions should be merged into the SEC." – Project 2025

History

Mon Jan 20 2025

Initial analysis

Disruptive Potential

HIGH

Major restructuring of financial industry oversight and self-regulatory framework

Status
Planned

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