Section 3.  Auditing and Related Professional Practice Standards Rule 3502 (Amended)

This version of the rule will be effective on October 19, 2024. The current version of the rule can be found here.

Rule 3502. Responsibility Not to Contribute to Violations

            A person associated with a registered public accounting firm shall not directly and substantially contribute to a violation by that registered public accounting firm of the Act, the Rules of the Board, the provisions of the securities laws relating to the preparation and issuance of audit reports and the obligations and liabilities of accountants with respect thereto, including the rules of the Commission issued under the Act, or professional standards, by an act or omission that the person knew or should have known would contribute to such violation.

[Effective pursuant to SEC Release No. 34-53677, File No. PCAOB-2006-01 (April 19, 2006); and SEC Release No. 34-100772, File No. PCAOB-2024-04 (Aug. 20, 2024)]