Home > 106th Congressional Bills > S. 497 (is) To redesignate Great Kills Park in the Gateway National Recreation Area as ``World War II Veterans Park at Great Kills''. [Introduced in Senate] ...
S. 497 (is) To redesignate Great Kills Park in the Gateway National Recreation Area as ``World War II Veterans Park at Great Kills''. [Introduced in Senate] ...
108th CONGRESS
1st Session
S. 496
To provide for the protection of investors, increase confidence in the
capital markets system, and fully implement the Sarbanes-Oxley Act of
2002 by streamlining the hiring process for certain employment
positions in the Securities and Exchange Commission.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
March 3, 2003
Mr. Enzi (for himself and Mr. Shelby) introduced the following bill;
which was read twice and referred to the Committee on Banking, Housing,
and Urban Affairs
_______________________________________________________________________
A BILL
To provide for the protection of investors, increase confidence in the
capital markets system, and fully implement the Sarbanes-Oxley Act of
2002 by streamlining the hiring process for certain employment
positions in the Securities and Exchange Commission.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Accountant, Compliance, and
Enforcement Staffing Act of 2003''.
SEC. 2. EXCEPTED SERVICE OF ACCOUNTANTS, ECONOMISTS, AND EXAMINER
POSITIONS.
Section 4(b) of the Securities Exchange Act of 1934 (15 U.S.C.
78d(b)) is amended--
(1) by redesignating paragraph (3) as paragraph (4); and
(2) by inserting after paragraph (2) the following:
``(3) Accountants, economists, and compliance examiner
positions excepted from competitive service.--All accountant,
economist, and securities compliance examiner positions in the
Securities and Exchange Commission shall be excepted from the
competitive service, as defined in section 2102 of title 5,
United States Code. An employee who is in the competitive
service at the time the position of that employee becomes
excepted from the competitive service under this paragraph
shall be considered as continuing in the competitive service as
long that employee continues to be employed in that
position.''.
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