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Sarbanes-Oxley News & Developments
SEC Clarifies Policy on FinesThe commission also announced settlements with two companies, McAfee and Applix, only one of which will pay a monetary penalty.
> > The SEC has clarified what many critics have said is a capricious and controversial policy for fining companies as part of a disciplinary action or settlement. The SEC also announced settlements with two companies, McAfee Inc. and Applix Inc., only one of which will pay a monetary penalty.
Source: CFO
Published:2006-01-05
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