Accountant, Compliance, and Enforcement Staffing Act of 2003

The Accountant, Compliance, and Enforcement Staffing Act of 2003 is a law that aims to protect investors and increase confidence in the capital markets system by streamlining the hiring process for certain positions at the Securities and Exchange Commission. This act allows the Commission to appoint candidates to positions such as accountants, economists, and securities compliance examiners through a streamlined hiring process, despite any regulations governing appointments in the competitive service. The law requires the Commission to submit reports on its exercise of this authority every 90 days, starting from fiscal year 2003.