Wednesday, September 14, 2005

Small Corporations Dodge the SOX Internal Control Bullet until July 2007

Sources are reporting that the SEC is prepared to extend the compliance date on internal control rules included in Sarbanes--Oxley until July 2007. These rules have been criticized as overly costly for companies with capital less than $75 million. An advisory committee on small businesses is due to report findings by April 2006.


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