SEC Paying Ex-Chairman to Help Audit Regulator, Documents Show

Former SEC Chairman Harvey Pitt is being retained by his former agency through 2024 to advise it on strengthening governance of the Public Company Accounting Oversight Board, almost two decades after his mishandling of the audit regulator’s startup led to his departure.

The Republican is doing the work through his Washington-based consulting firm, Kalorama Partners LLC, according to his contract. Bloomberg Law obtained the document through a Freedom of Information Act request recently fulfilled by the Securities and Exchange Commission, which oversees the PCAOB and appoints its members.

via SEC Paying Ex-Chairman to Help Audit Regulator, Documents Show.