Opening Remarks At Open Meeting To Consider PCAOB Proposed Budget And Accounting Support Fee for 2016, SEC Chair Mary Jo White, March 14, 2016

Good morning. This is an open meeting of the U.S. Securities and Exchange Commission on March 14, 2016 under the Government in the Sunshine Act. Today, the Commission will consider the staff’s recommendation to approve the proposed FY 2016 budget and accounting support fee for the Public Company Accounting Oversight Board. The Commission has the authority and responsibility, under the Sarbanes-Oxley Act, for overseeing the PCAOB and approving the PCAOB’s annual budget and accounting support fee. I am pleased that we have Chairman Jim Doty, as well as other Board members and staff of the PCAOB, here with us today as we take up these matters.