{"abstract":"We are requesting additional comment on the definition of the term \"significant deficiency.\" Because this term is used in the Commission's rules implementing Section 302 and Section 404 of the Sarbanes-Oxley Act, we believe that a definition of this term should also be in the Commission's rules, in addition to being in the auditing standards.","action":"Request for additional comment.","agencies":[{"raw_name":"SECURITIES AND EXCHANGE COMMISSION","name":"Securities and Exchange Commission","id":466,"url":"https://www.federalregister.gov/agencies/securities-and-exchange-commission","json_url":"https://www.federalregister.gov/api/v1/agencies/466","parent_id":null,"slug":"securities-and-exchange-commission"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2007/06/27/E7-12300.html","cfr_references":[{"chapter":null,"citation_url":null,"part":210,"title":17},{"chapter":null,"citation_url":null,"part":240,"title":17}],"citation":"72 FR 35346","comment_url":null,"comments_close_on":"2007-07-18","correction_of":null,"corrections":[],"dates":"Comment Date: Comments should be received on or before July 18, 2007.","disposition_notes":null,"docket_ids":["Release Nos. 33-8811","34-55930","File No. S7-24-06"],"dockets":[],"document_number":"E7-12300","effective_on":null,"end_page":35347,"executive_order_notes":null,"executive_order_number":null,"explanation":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2007/06/27/E7-12300.xml","html_url":"https://www.federalregister.gov/documents/2007/06/27/E7-12300/definition-of-a-significant-deficiency","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/E7-12300?publication_date=2007-06-27","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2007-06-27/E7-12300/mods.xml","not_received_for_publication":null,"page_length":2,"page_views":{"count":391,"last_updated":"2026-04-10 04:15:05 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2007-06-27/pdf/E7-12300.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":null,"publication_date":"2007-06-27","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2007/06/27/E7-12300.txt","regulation_id_number_info":{"3235-AJ58":null},"regulation_id_numbers":["3235-AJ58"],"regulations_dot_gov_info":{"checked_regulationsdotgov_at":"2011-11-12T22:03:56Z"},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":35346,"subtype":null,"title":"Definition of a Significant Deficiency","toc_doc":"Significant deficiency; definition","toc_subject":"Securities:","topics":[],"type":"Proposed Rule","volume":72}