Abolish the accounting and broker regulators and fold them into the SEC
What the document says“PCAOB and FINRA should be abolished, and their regulatory functions should be merged into the SEC.”
The Public Company Accounting Oversight Board oversees auditors and the Financial Industry Regulatory Authority regulates brokers. The part also asks Congress to establish an independent board to report within 18 months on how far the functions of other self-regulatory organizations, which it says are no longer self-regulatory in any meaningful sense, should move to the Commission.
What the document actually says“PCAOB and FINRA should be abolished, and their regulatory functions should be merged into the SEC.”
Close these two bodies. Move their work into the market watchdog.
Two private bodies help police finance. One checks auditors, one checks brokers. The book says the main agency should do both jobs.
Read against the documents indexed here on August 26, 2026, and nothing was found that answers this. No candidate abolishes a self-regulatory organization or moves any function to the Securities and Exchange Commission. The nearest, Executive Order 14300 of May 23, 2025, orders a reform of the Nuclear Regulatory Commission covering its structure, personnel, regulations and basic operations. It restructures a different independent regulator and leaves the accounting and broker oversight bodies untouched. That is a record of a search, not a finding that nothing has happened: an act this site does not hold, or one that answers the proposal in words unlike its own, would not be caught by it.