Seanad debates

Wednesday, 28 May 2003

Companies (Auditing and Accounting) Bill 2003: Committee Stage.

 

10:30 am

Photo of Joe O'TooleJoe O'Toole (Independent)

The US Securities and Exchange Commission is the leading financial regulator and authority in the world. I stated on Second Stage that what was happening in Ireland was also happening in the United States, Canada, Australia, Europe and the United Kingdom. The SEC is a God-like body in this field, to which every American and foreign firm is beholden. Yesterday it held a public meeting, which is unusual. A report on the meeting stated:

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