Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. In this episode, Matt Kelly and I go into the weeds to explore the recent changes at the PCAOB made by SEC Chairman Jay Clayton.

Some of the highlights include:

  • Why were the changes announced in a manner to hide them?
  • Why were they such unusual personnel moves?
  • Why would the SEC put someone on the PCAOB with no discernible qualifications for the role?
  • Is the goal of Jay Clayton to do away with SOX 404 protection for investors?
  • Does going public under SOX mandate investor protection?
  • What else will Clayton pull to ram through his changes at the PCAOB and SEC?
  • Why is WeWork such a power example right now?

For additional reading see the following:

Matt’s blog post, PCAOB Shakeup-What it Means for You, on Radical Compliance.