【文章內(nèi)容簡(jiǎn)介】 petency standards, and independence standards (including rules implementing title II) that the Board or the Commission determines— (i) relate to the preparation or issuance of audit reports for issuers。 and (ii) are established or adopted by the Board under section 103(a), or are promulgated as rules of the Commission. (11) PUBLIC ACCOUNTING FIRM.—The term ‘‘ public accounting firm’’ means— (A) a proprietorship, partnership, incorporated association, corporation, limited liability pany, limited liability partnership, or other legal entity that is engaged in the practice of public accounting or preparing or issuing audit reports。 and (B) to the extent so designated by the rules of the Board, any associated person of any entity described in subparagraph (A). (12) REGISTERED PUBLIC ACCOUNTING FIRM.—The term ‘‘ registered public accounting firm’’ means a public accounting firm registered with the Board in accordance with this Act. (13) RULES OF THE BOARD.—The term ‘‘ rules of the Board’’ means the bylaws and rules of the Board (as submitted to, and approved, modified, or amended by the Commission, in accordance with section 107), and those stated policies, practices, and interpretations of the Board that the Commission, by rule, may deem to be rules of the Board, as necessary or appropriate in the public interest or for the protection of investors. (14) SECURITY.—The term ‘‘ security’’ has the same meaning as in section 3(a) of the Securities Exchange Act of 1934 (15 . 78c(a)). PUBLIC LAW 107–204—JULY 30, 2020 116 STAT. 749 (15) SECURITIES LAWS.—The term ‘‘ securities laws’’ means the provisions of law referred to in section 3(a)(47) of the Securities Exchange Act of 1934 (15 . 78c(a)(47)), as amended by this Act, and includes the rules, regulations, and orders issued by the Commission thereunder. (16) STATE.—The term ‘‘ State’’ means any State of the United States, the District of Columbia, Puerto Rico, the Virgin Islands, or any other territory or possession of the United States. (b) CONFORMING AMENDMENT.—Section 3(a)(47) of the Securities Exchange Act of 1934 (15 . 78c(a)(47)) is amended by inserting ‘‘ the SarbanesOxley Act of 2020,’’ before ‘‘ the Public’’ . SEC. 3. COMMISSION RULES AND ENFORCEMENT. 15 USC 7202. (a) REGULATORY ACTION.—The Commission shall promulgate such rules and regulations, as may be necessary or appropriate in the public interest or for the protection of investors, and in furtherance of this Act. (b) ENFORCEMENT.— (1) IN GENERAL.—A violation by any person of this Act, any rule or regulation of the Commission issued under this Act, or any rule of the Board shall be treated for all purposes in the same manner as a violation of the Securities Exchange Act of 1934 (15 . 78a et seq.) or the rules and regulations issued thereunder, consistent with the provisions of this Act, and any such person shall be subject to the same penalties, and to the same extent, as for a violation of that Act or such rules or regulations. (2) INVESTIGATIONS, INJUNCTIONS, AND PROSECUTION OF OFFENSES.—Section 21 of the Securities Exchange Act of 1934 (15 . 78u) is amended— (A) in subsection (a)(1), by inserting ‘‘ the rules of the Public Company Accounting Oversight Board, of which such person is a registered public accounting firm or a person associated with such a firm,’’ after ‘‘ is a participant,’’ 。 (B) in subsection (d)(1), by inserting ‘‘ the rules of the Public Company Accounting Oversight Board, of which such person is a registered public accounting firm or a person associated with such a firm,’’ after ‘‘ is a participant,’’ 。 (C) in subsection (e), by inserting ‘‘ the rules of the Public Company Accounting Oversight Board, of which such person is a registered public accounting firm or a person associated with such a firm,’’ after ‘‘ is a participant,’’ 。 and (D) in subsection (f), by inserting ‘‘ or the Public Company Accounting Oversight Board’’ after ‘‘ selfregulatory anization’’ each place that term appears. (3) CEASEANDDESIST PROCEEDINGS.—Section 21C(c)(2) of the Securities Exchange Act of 1934 (15 . 78u–3(c)(2)) is amended by inserting ‘‘ registered public accounting firm (as defined in section 2 of the SarbanesOxley Act of 2020),’’ after ‘‘ government securities dealer,’’ . (4) ENFORCEMENT BY FEDERAL BANKING AGENCIES.—Section 12(i) of the Securities Exchange Act of 1934 (15 . 78l(i)) is amended by— (A) striking ‘‘ sections 12,’’ each place it appears and inserting ‘‘ sections 10A(m), 12,’’ 。 and 116 STAT. 750 PUBLIC LAW 107–204—JULY 30, 2020 (B) striking ‘‘ and 16,’’ each place it appears and inserting ‘‘ and 16 of this Act, and sections 302, 303, 304, 306, 401(b), 404, 406, and 407 of the SarbanesOxley Act of 2020,’’ . (c) EFFECT ON COMMISSION AUTHORITY.—Nothing in this Act or the rules of the Board shall be construed to impai