BILL NO A06246
SAME AS No same as
SPONSOR Brennan (MS)
COSPNSR Morelle, Ortiz, Hikind, Galef
MLTSPNSR Aubry, Cahill, Clark, Cook, Cymbrowitz, Farrell, Glick, Jacobs,
Perry, Rivera, Sweeney
Add S521, BC L; add S510, Lim Lil L; add S44-a, Partn L; add S2802-a, Pub Auth
L; amd SS352, 352-c & 359-e, add S352-cc, Gen Bus L; add S177-e, R & SS L
Provides criminal and civil penalties for business entities and certain public
service corporations engaging in professional misconduct in connection with the
issuance of audited financial statements; expands the definition of
professional misconduct for such purposes; prohibits (optionally) the
investment of public pension funds in certain securities.