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Sarbanes-Oxley News & Developments

2006-01-31

Enron Jury Chosen in One Day

Emphasizing impartiality, judge tells jurors, "we are not looking for people who want to right a wrong or provide remedies for those who suffered in the collapse of Enron.'

2006-01-29

D&O Insurance Prices Soften, Survey Says

But the disconnect between pricing and actual claims experience may signal a market tightening to come.

2006-01-24

Chamber of Commerce Seeks Auditor Relief

Among a number of recommendations, the chamber has asked the SEC to reevaluate the Sarbanes-Oxley provision that restricts firms from providing non-audit services to companies they audit.

2006-01-24

Pay-disclosure Break for Foreign Issuers

' One could assume the SEC has become more sensitive to keeping U.S. markets competitive for foreign companies and does not want to add any more requirements beyond Sarbanes-Oxley at this time,' says one observer.

2006-01-19

Whistle-blower Shield Stops at Border

Court rules that some overseas workers are not protected by this provision of Sarbanes-Oxley.

2006-01-11

Ex-Dynegy Finance Pair Get Prison Terms

Due to a 2002 trading and financing scheme that helped the energy company inflate its reported cash flow by as much as $300 million.

2006-01-06

Streamlining Tax Processes in 2006

KPMG stresses e-filing, tax co-sourcing, and embracing IT.

2006-01-05

SEC Clarifies Policy on Fines

The commission also announced settlements with two companies, McAfee and Applix, only one of which will pay a monetary penalty.

2006-01-05

Scrushy Ordered to Repay Bonuses

A shareholder lawsuit had alleged that because HealthSouth did not, in fact, meet its annual targets from 1997 to 2002, the former CEO had unjustly received the bonuses.

2006-01-05

Feds Say Skilling Tried to Deceive SEC

Former Enron president testified about one sale of 500,000 shares but allegedly concealed an attempted sale of 200,000 more.


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The View from the Other Side
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Capital Markets Report Urges 404 Fixes
A panel says changes in the way Sarbanes-Oxley has been applied will improve the competitiveness of the U.S. capital markets.

Wal-Mart Whistleblower Drops Lawsuit
Former executive still has a whistleblower case pending before the Labor Department.

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The View from the Other Side
Can IT live up to the expectations for governance, compliance, and revenue generation of a CFO?


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