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Sarbanes-Oxley News & Developments
SEC Would Revive Expired Fraud ClaimsThe SEC is urging an appeals court to make a provision of Sarbanes-Oxley retroactive.
> > The SEC recently asked the Second U.S. Circuit Court of Appeals in New York to make Section 804 of the Sarbanes-Oxley Act retroactive, according to The Wall Street Journal. The provision made it possible for investors to file suits within two years of discovering fraud and within five years after the alleged violation occurred.
Source: CFO
Published:2004-09-11
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