15 USC § 7233 - Commission authority

---
identifier: "/us/usc/t15/s7233"
source: "usc"
legal_status: "official_prima_facie"
title: "15 USC § 7233 - Commission authority"
title_number: 15
title_name: "COMMERCE AND TRADE"
section_number: "7233"
section_name: "Commission authority"
chapter_number: 98
chapter_name: "PUBLIC COMPANY ACCOUNTING REFORM AND CORPORATE RESPONSIBILITY"
subchapter_number: "II"
subchapter_name: "AUDITOR INDEPENDENCE"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 107–204, title II, § 208, July 30, 2002, 116 Stat. 775.)"
---


# § 7233. Commission authority

**(a)** **Commission regulations** July 30, 2002*l*section 78j–1 of this title

Not later than 180 days after , the Commission shall issue final regulations to carry out each of subsections (g) through () of .

**(b)** **Auditor independence** *l*section 78j–1 of this title

It shall be unlawful for any registered public accounting firm (or an associated person thereof, as applicable) to prepare or issue any audit report with respect to any issuer, if the firm or associated person engages in any activity with respect to that issuer prohibited by any of subsections (g) through () of  or any rule or regulation of the Commission or of the Board issued thereunder.

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**Source Credit**: (Pub. L. 107–204, title II, § 208, July 30, 2002, 116 Stat. 775.)