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Sarbanes-Oxley News & Developments
SEC Rethinks Sarbox and Small CompaniesThe SEC has created an advisory committee to help examine the impact of Sarbanes-Oxley and other federal securities laws on smaller public companies.
> > The SEC is clearly sensitive to the plight of smaller companies that are struggling to comply with new corporate governance rules that apply to large and small companies alike.
Earlier this month the SEC gave many of these smaller companies an extra 45 days to meet a number of the requirements of Section 404 of the Sarbanes-Oxley Act. Now the SEC has created an advisory committee to help examine the impact of that landmark legislation and other federal securities laws on smaller public companies.
Source: CFO
Published:2004-12-20
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