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Sarbanes-Oxley News & Developments
SEC: No "Backdoor" Regulation for EuropeThe SEC reassures European firms that mergers between U.S. and foreign exchanges will not automatically export Sarbanes-Oxley and other American securities laws overseas.
> > Against the increasingly contentious backdrop of the attempt of the New York Stock Exchange to acquire Euronext, the SEC stated Friday that cross-border mergers of exchanges would not automatically subject foreign exchanges or their listed companies to U.S. regulation.
Source: CFO
Published:2006-06-20
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