Washington, D.C. –The Center for Audit Quality (CAQ) issued the following statement from Executive Director Cindy Fornelli regarding the confirmation of Mary Jo White as Chairman of the U.S. Securities and Exchange Commission (SEC):
“Mary Jo White is an excellent choice to serve as the Chairman of the SEC. A former U.S. Attorney, Chairman White has a sterling record of enforcing the law in our capital markets and fighting for investors’ interests. The CAQ vigorously supports her position that as Chairman, the American public will be her client.
The SEC has a proud tradition as the investor’s advocate, and Chairman White is well-suited to carry that banner. The CAQ and the public company auditing profession offer congratulations to Chairman White.”
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The Center for Audit Quality (CAQ) is an autonomous public policy organization dedicated to enhancing investor confidence and public trust in the global capital markets. The CAQ fosters high quality performance by public company auditors, convenes and collaborates with other stakeholders to advance the discussion of critical issues requiring action and intervention, and advocates policies and standards that promote public company auditors’ objectivity, effectiveness and responsiveness to dynamic market conditions. Based in Washington, D.C., with an office in New York, NY, the CAQ is affiliated with the American Institute of Certified Public Accountants. For more information, visit www.thecaq.org.