Washington, DC - Center for Audit Quality (CAQ) Executive Director Cindy Fornelli released the following statement today on the election of John J. “Jack” Brennan as the Chairman of the Financial Industry Regulatory Authority (FINRA) effective August 15:
"Jack is an exceptional leader who has worked diligently to protect investors through effective and efficient regulation of the securities industry. His commitment to investors and to the highest ethical standards will help to uphold market integrity and transparency.
"The CAQ congratulates Jack on his election, and we look forward to working with him and the entire FINRA Board to serve investors and the markets."
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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., the CAQ is affiliated with the American Institute of CPAs. For more information, visit www.thecaq.org.