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Trump's 2-for-1 regulatory rollback won't touch SEC, FASB, PCAOB

Tammy Whitehouse | February 1, 2017

President Trump’s two-for-one executive order on federal regulation may not provide regulatory rollback for public companies listed in U.S. changes, as it appears the order will not apply directly to the Securities and Exchange Commission.

The SEC declined to comment on how it might be affected by the order, which says any federal regulator planning to issue a new regulation must identify two others that will be rescinded at the same time. The order also requires regulators to assure companies will incur no additional cost to comply with any new regulations.

The SEC is not an executive department or agency that would be covered by a presidential executive order, says Dan Goelzer, former acting chair...

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