Oversight board to apply its rules to auditors of brokers, dealers

The Public Company Accounting Oversight Board proposed amendments to its rules and forms to apply them to auditors of brokers and dealers registered with the Securities and Exchange Commission as authorized by the Dodd-Frank Act. The rulemaking, proposed on Feb. 28, is the board's latest step in addressing the changes that the Dodd-Frank Act made to the Sarbanes-Oxley Act.