On May 30th, SEC Chief Accountant Paul Beswick discussed internal controls and the updated internal control framework issued by the Committee of Sponsoring Organizations of the Treadway Commission. SEC staff will monitor the transition for issuers using the 1992 framework to evaluate whether and if any SEC staff or Commission actions become necessary or appropriate at some point in the future. In the meantime, COSO users are encouraged to refer to the COSO framework and to the statements COSO has made about the new framework. Beswick Remarks.