PUBLIC COMPANY ACCOUNTING REFORM AND INVESTOR PROTECTION ACT
Amendments
Enact (S. 2673), S6340, S6363 [8JY], S6438, S6443, S6508, S6510, S6511, S6512 [9JY], S6538, S6541, S6542, S6543, S6544, S6547, S6548, S6552, S6557, S6559, S6576, S6578, S6580, S6581, S6582, S6583, S6584, S6586, S6590 [10JY], S6625, S6658, S6659, S6660, S6661, S6662, S6663, S6664, S6665, S6666, S6667, S6669, S6671, S6672, S6673, S6674, S6675, S6676, S6677 [11JY], S6687, S6688, S6690, S6712, S6713, S6714, S6715, S6716 [12JY], S6777 [15JY]
Analyses
Provisions (H.R. 3763): Section VIII Relative to Corporate and Criminal Fraud Accountability, S7418-S7421 [26JY]
Appointments
Conferees: H.R. 3763, provisions, S6898 [17JY]
Articles and editorials
America's Poor Standards, S6629 [11JY]
Big Business's Bad Behavior, S6763-S6765 [15JY]
Bush Needs To Drop the Velvet Glove Approach, S6693 [12JY]
Bush Took Oil Firm's Loans as Director, S6608 [11JY]
Cheney Named in Fraud Suit, S6609 [11JY]
Class Above the Corruption and Critics, S6691 [12JY]
Corporate Cake, S6628 [11JY]
Leading the News—Coke To Expense Employee Options, S6765 [15JY]
Money Talks, S6628 [11JY]
Mr. Oxley Punts, H4843 [17JY]
Review & Outlook—November Markets, S6553 [10JY]
SEC Chairman Pitt a Potential Liability to Administration, S6605 [11JY]
Stigmatizing Business, S6889 [17JY]
Stock Options and Common Sense, S6627 [11JY]
Cloture motions
Enact (S. 2673), S6559 [10JY], S6685 [12JY]
Conference reports
Provisions (H.R. 3763), H5393-H5411 [24JY]
Documents
Corporate Officers Verification Under Oath of Financial Reports: SEC, S6757 [15JY]
Letters
Prosecute securities fraud and evidence tampering, prohibit discharge of certain debts in bankruptcy, and protect corporate whistleblowers: Edmund Mierzwinski, U.S. Public Interest Research Group, S6441 [9JY]
———Jim Moorman, Taxpayers Against Fraud, and Tom Devine, Government Accountability Project, S6440 [9JY]
———Joseph P. Borg and Christine A. Bruenn, North American Securities Administrators Associations, Inc., S6440 [9JY]
———Kris J. Kolesnik, National Whistleblower Center, S6441 [9JY]
———National Association of Attorneys General, S6442 [9JY]
———Sally Greenberg, Consumers Union, and Travis Plunkett, Consumer Federation of America, S6441 [9JY]
———William Samuel, AFL-CIO, S6441 [9JY]
Provisions: Dean Heller, Nevada Sec. of State, S6340 [8JY]
Require that the disclosure of any insider selling of stock, of publicly held companies, be filed electronically: Harvey L. Pitt, SEC, S6687 [12JY]
Treatment of stock options as expenses in income statements: Steven Barr, S6628 [11JY]
Motions
Enact (H.R. 3763), H4838 [17JY]
Enact (S. 2673), S6533 [10JY], S6619, S6625 [11JY]
Remarks in House
Business and industry: protect corporate whistleblowers, enhance criminal penalties, extend statute of limitations, and require retention of audit review documents, H4838-H4847 [17JY]
———require publicly traded companies to record and treat stock options as expenses in income statements, H4566 [12JY], H4680 [16JY]
Enact (H.R. 3763), H4566 [12JY], H4692 [16JY], H4770, H4771, H4772, H4827, H4838 [17JY], H4876, H4877 [18JY], H4988, H5074-H5084 [22JY]
———conference report, H5319, H5321, H5441 [24JY], H5459-H5480 [25JY], E1412, E1451, E1452, E1462, E1463, E1466 [29JY]
———motion to instruct conferees, H4838-H4847 [17JY]
Enact (S. 2673), H4337 [8JY], H4434, H4474 [10JY], E1317 [22JY]
Remarks in Senate
Business and industry: clarify that the requirement that certain corporate officers certify financial reports applies to domestic and foreign issuers, S6688, S6693, S6698 [12JY]
———deter fraud and abuse by corporate executives, S6545, S6549 [10JY]
———hold corporate executives, who mislead workers about company stock in their pension plans, financially responsible for any losses, S6755, S6756 [15JY]
———require publicly traded companies to record and treat stock options as expenses in income statements, S6626-S6633, S6636-S6640 [11JY], S6743-S6746 [15JY]
———require that the disclosure of any insider selling of stock, of publicly held companies, be filed electronically, S6687, S6688, S6693 [12JY]
———review accounting treatment and adopt generally accepted accounting principles for the treatment of employee stock options, S6696-S6698 [12JY], S6735-S6741, S6747, S6750-S6753, S6763 [15JY]
Corporations: prohibit personal loans to directors or chief officers, S6689, S6690 [12JY], S6760 [15JY]
———require certain officers of companies in bankruptcy to return bonuses, incentive- or equity-based compensation, and stock sale profits received prior to a required restatement of earnings, S6689 [12JY], S6741-S6743 [15JY]
———require certain officers of companies to return bonuses, incentive- or equity-based compensation, and stock sale profits received prior to a required restatement of earnings, S6754 [15JY]
Crime: increase penalties relating to conspiracy, mail fraud, wire fraud, and ERISA violations, S6545-S6551 [10JY]
———prosecute persons who alter or destroy evidence in certain investigations or who defraud investors, prohibit certain debts from being discharged in bankruptcy, and protect whistleblowers from retaliation, S6437-S6442 [9JY], S6528-S6531, S6534-S6541 [10JY]
Enact (H.R. 3763): conference report, S7340, S7350-S7365 [25JY], S7414, S7418 [26JY], S10612, S10613 [17OC]
Enact (S. 2673), S6121 [26JN], S6297, S6300-S6302 [28JN], S6327-S6347 [8JY], S6436-S6444, S6491-S6496 [9JY], S6523-S6560, S6561 [10JY], S6598, S6603-S6633, S6636-S6643, S6681 [11JY], S6683-S6685, S6687-S6700 [12JY], S6734-S6770, S6772-S6779, S6797, S6801, S6811 [15JY], S6829, S6861 [16JY], S6883, S6888, S6889 [17JY], S7248 [24JY]
———unanimous-consent agreement, S6173 [26JN]
———unanimous-consent request, S6547 [10JY]
Labor unions: require submission of financial reports, S6442, S6443, S6491-S6496 [9JY], S6526-S6528, S6531-S6534 [10JY]
Lawyers and attorneys: disclosure of fee arrangements to clients, S6554 [10JY], S6610-S6616, S6618-S6620 [11JY]
———professional conduct and ethical responsibilities under Federal securities laws, S6551, S6554, S6556, S6557 [10JY], S6613 [11JY]
Public Company Accounting Oversight Board: conduct oversight spot audits of public companies, S6748, S6749 [15JY]
SEC: enhance ability to impose civil fines, conduct investigations, and remove certain officers and directors of publicly traded companies, S6620-S6625 [11JY]
———require study of accounting treatment of special purpose entities, S6690 [12JY]
Small business: impact, S6692 [12JY]
Taxation: require chief executive officers of corporations to sign tax returns, S6443 [9JY], S6557 [10JY]
Reports filed
Provisions: Committee of Conference (H.R. 3763) (H. Rept. 107-610), H5452 [24JY]
———Committee on Banking, Housing, and Urban Affairs (Senate) (S. 2673), S6013 [25JN]
———Committee on Banking, Housing, and Urban Affairs (Senate) (S. 2673) (S. Rept. 107-205), S6361 [8JY]
Rulings of the Chair
Statements
Treatment of Stock Options in Income Statements: Alan Greenspan, FRS, S6626 [11JY]
———Financial Accounting Standards Board, S6631 [11JY]
———Joseph E. Stiglitz, S6627 [11JY]
Texts of