[Congressional Record Volume 167, Number 108 (Tuesday, June 22, 2021)]
[Senate]
[Page S4700]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




          STATEMENTS ON INTRODUCED BILLS AND JOINT RESOLUTION

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      By Mr. KENNEDY (for himself and Mr. Rubio):
  S. 2184. A bill to amend the Sarbanes-Oxley Act of 2002 to institute 
a trading prohibition for certain issuers that retain public accounting 
firms that have not been subject to inspection by the Public Company 
Accounting Oversight Board, and for other purposes; considered and 
passed.

                                S. 2184

       Be it enacted by the Senate and House of Representatives of 
     the United States of America in Congress assembled,

     SECTION 1. TRADING PROHIBITION FOR 2 CONSECUTIVE NON-
                   INSPECTION YEARS.

       Section 104(i) of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 
     7214(i)) is amended--
       (1) in paragraph (2)(A)(ii), by striking ``the foreign 
     jurisdiction described in clause (i)'' and inserting ``a 
     foreign jurisdiction''; and
       (2) in paragraph (3)--
       (A) in the paragraph heading, by striking ``3'' and 
     inserting ``2''; and
       (B) in subparagraph (A), in the matter preceding clause 
     (i), by striking ``3'' and inserting ``2''.

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