April 4, 2007, remarks before the SEC Open Meeting commenting on the SEC's Proposed Management Guidance for Section 404 of the Sarbanes-Oxley Act and the PCAOB's Proposed Revisions to Auditing Standards No. 2

These remarks are regarding the Commission's proposed guidance for Section 404 of the Sarbanes-Oxley Act and the PCAOB's proposed revisions to Auditing Standard No. 2.