July 27, 2022 | 1:00-2:00 PM ET
Presented by
Signed into law on July 30, 2002, the Sarbanes-Oxley Act established a framework to protect institutional and hardworking individual investors alike by improving the accuracy and reliability of the information that drives investments in our capital markets. To mark the 20th anniversary of this landmark legislation, join the Center for Audit Quality and Capitol Account for remarks from SEC Chair Gary Gensler and a discussion with Deloitte US CEO Joe Ucuzoglu about the impact of SOX and the future of corporate reporting in the U.S.
Chair Gary Gensler
Chair, U.S. Securities and Exchange Commission
Gary Gensler was nominated by President Joseph R. Biden to Chair the U.S. Securities and Exchange Commission on February 3, 2021, confirmed by the U.S. Senate on April 14, 2021, and sworn into office on April 17, 2021.
Before joining the SEC, Gensler was professor of the Practice of Global Economics and Management at the MIT Sloan School of Management, co-director of MIT’s Fintech@CSAIL, and senior advisor to the MIT Media Lab Digital Currency Initiative. From 2017-2019, he served as chair of the Maryland Financial Consumer Protection Commission.
Gensler was formerly chair of the U.S. Commodity Futures Trading Commission, leading the Obama Administration’s reform of the $400 trillion swaps market. He also was senior advisor to U.S. Senator Paul Sarbanes in writing the Sarbanes-Oxley Act (2002), and was undersecretary of the Treasury for Domestic Finance and assistant secretary of the Treasury from 1997-2001.
In recognition for his service, he was awarded the Alexander Hamilton Award, the U.S. Treasury’s highest honor. He is a recipient of the 2014 Frankel Fiduciary Prize.
Prior to his public service, Gensler worked at Goldman Sachs, where he became a partner in the Mergers & Acquisition department, headed the firm’s Media Group, led fixed income & currency trading in Asia, and was co-head of Finance, responsible for the firm’s worldwide Controllers and Treasury efforts.
A native of Baltimore, Md., Gensler earned his undergraduate degree in economics in 1978 and his MBA from The Wharton School, University of Pennsylvania, in 1979. He has three daughters.
Julie Bell Lindsay
Chief Executive Officer, CAQ
Julie Bell Lindsay is the Chief Executive Officer of the Center for Audit Quality (CAQ), a position she has held since May 2019.
The CAQ is dedicated to enhancing investor confidence and public trust in the global capital markets by fostering high-quality performance by public company auditors. The CAQ also convenes and collaborates with other stakeholders to advance the discussion of critical issues requiring action and intervention, and advocates policies and standards that promote public company auditors’ objectivity, effectiveness, and responsiveness to dynamic market conditions.
As CEO, Lindsay is responsible for carrying out the mission and vision of the CAQ’s Governing Board, which is comprised of CEOs from eight leading public company auditing firms and the American Institute of CPAs, as well as three independent members from outside the public company auditing profession.
Previously, Lindsay served as a Managing Director and the Deputy Head of Global Regulatory Affairs at Citigroup, a position she began in February 2017. In that role, Julie worked to formulate and execute Citi’s regulatory policy priorities and strategy across the numerous regulatory agencies with oversight over Citi. Julie joined Citi in February 2009 as General Counsel – Capital Markets and Corporate Reporting, where she was the lead lawyer responsible for Citi’s public disclosures and global capital markets activities. During this time, her significant leadership accomplishments included managing Citi’s $20 billion TARP repayment—involving the then-largest public equity offering in US capital markets history—as well as Citi’s $58 billion exchange offers to boost Citi’s capital levels following the financial crisis.
Prior to Citi, Julie served as Counsel to Commissioner Cynthia Glassman at the US Securities and Exchange Commission, where she counseled the Commissioner on all matters relating to public company disclosure obligations, corporate governance standards, the Sarbanes-Oxley Act of 2002, the Public Company Accounting Oversight Board and Financial Accounting Standards Board, enforcement matters, and issues affecting registered foreign companies. Julie also has securities and public company reporting and governance experience as Counsel and Associate at law firms in Washington, DC and Palo Alto, CA.
Julie graduated from The Ohio State University in 1993 with a BA in political science and received her JD from Vanderbilt School of Law in 1996. She serves as a Member of the Board of Directors of the Foundation for the National Institutes of Health and as a Member of the Dean’s Advisory Council of the College of Arts & Sciences at The Ohio State University.
Joe Ucuzoglu
Chief Executive Officer, Deloitte US
Joe Ucuzoglu is the Chief Executive Officer, leading the largest professional services organization in the United States. With more than 150,000 professionals, Deloitte provides audit and assurance, tax, consulting, and risk and financial advisory services to a broad cross-section of the largest corporations and governmental agencies.
Joe remains actively engaged with many of our clients across multiple sectors, working to ensure that we are consistently delivering the full breadth of Deloitte. He frequently speaks on a broad range of current issues facing the business community such as building a culture of purpose and inclusivity, the future of work, the regulatory landscape, the evolving nature of leadership, and the role that businesses must play in leading society through the rapid pace of technology-driven change.
Joe serves on the board of directors of the Partnership for New York City, the governing board of the Center for Audit Quality, and the Board of Councilors of the University of Southern California Marshall School of Business. He is a member of the Fortune CEO Initiative, the CEO Action for Diversity and Inclusion, the Economic Club of New York, and the Committee on Capital Markets Regulation.
Joe received a BS in Accounting from the University of Southern California.
Moderator
Rob Schmidt
Founder, Capitol Account
Rob Schmidt is a founder of Capitol Account, a daily newsletter on financial regulation that launched in June. He previously spent 20 years as a reporter at Bloomberg News where he covered the Securities and Exchange Commission, the Treasury Department, the Justice Department and Wall Street lobbying.