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President’s Ten-Point Plan
  1. Each investor should have quarterly access to the information needed to judge a firm’s financial performance, condition, and risks.

  2. Each investor should have prompt access to critical information.

  3. CEOs should personally vouch for the veracity, timeliness, and fairness of their companies’ public disclosures, including their financial statements.

  4. CEOs or other officers should not be allowed to profit from erroneous financial statements.

  5. CEOs or other officers who clearly abuse their power should lose their right to serve in any corporate leadership positions.

  6. Corporate leaders should be required to tell the public promptly whenever they buy or sell company stock for personal gain.

  7. Investors should have complete confidence in the independence and integrity of companies’ auditors.

  8. An independent regulatory board should ensure that the accounting profession is held to the highest ethical standards.

  9. The authors of accounting standards must be responsive to the needs of investors.

  10. Firms’ accounting systems should be compared with best practices, not simply against minimum standards.

The Corporate Fraud Task Force’s Record of Accomplishment

Department of Justice Accomplishments

SEC Accomplishments

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