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NCLA Fights Delegation of Government Power to Public Company Accounting Oversight Board
Manage episode 410692483 series 2879282
NCLA filed a Complaint urging the U.S. District Court for the Southern District of Texas to declare that the Public Company Accounting Oversight Board is a private entity unlawfully exerting government power. The unconstitutionally structured Board exercises sweeping legislative, executive, and pseudo-judicial power bestowed by the Sarbanes-Oxley Act of 2002, but it is staffed entirely by non-governmental private citizens who are subject to very little direction, oversight, or supervision from federal officials. This arrangement violates Article I, Sec. 1 of the U.S. Constitution.
Mark is joined by NCLA's Russ Ryan to discuss the case.
See omnystudio.com/listener for privacy information.
109 episodes
Manage episode 410692483 series 2879282
NCLA filed a Complaint urging the U.S. District Court for the Southern District of Texas to declare that the Public Company Accounting Oversight Board is a private entity unlawfully exerting government power. The unconstitutionally structured Board exercises sweeping legislative, executive, and pseudo-judicial power bestowed by the Sarbanes-Oxley Act of 2002, but it is staffed entirely by non-governmental private citizens who are subject to very little direction, oversight, or supervision from federal officials. This arrangement violates Article I, Sec. 1 of the U.S. Constitution.
Mark is joined by NCLA's Russ Ryan to discuss the case.
See omnystudio.com/listener for privacy information.
109 episodes
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