SEC Names William Duhnke, Four Others To Accounting Oversight Boardbr>
The Securities and Exchange Commission has appointed William D. Duhnke III as Chairman and J. Robert Brown, Kathleen M. Hamm, James G. Kaiser, and Duane M. DesParte as Board members of the Public Company Accounting Oversight Board (PCAOB).
The Sarbanes-Oxley Act of 2002 established the PCAOB to oversee the audits of public companies and broker-dealers in order to protect the interests of investors and further the public interest in the preparation of informative, accurate, and independent audit reports. The PCAOB is subject to oversight by the SEC.
Duhnke is currently the staff director and general counsel to the US Senate Committee on Rules and Administration. He was previously staff director and general counsel to the U.S. Senate Committee on Banking, Housing and Urban Affairs and the Committee on Appropriations.
“Bill, Jay, Kathleen, Jim, and Duane bring substantial experience to the Board and a shared commitment to serve in the interests of our Main Street investors,” said SEC Chairman Jay Clayton. “Their individual and collective talents position the PCAOB to execute its mission effectively in our local, national, and international markets.”