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Greenwood working to ease Sarbanes-Oxley rules

Greenwood working to ease Sarbanes-Oxley rules

by Toby Lucich on December 13, 2005

One of the principal GOP figures in Congress’s response to the corporate accounting scandals at the beginning of the decade is leading a coalition of healthcare, high-tech and venture-capital groups in an effort to relax the enforcement of the Sarbanes-Oxley Act.

Former Rep. Jim Greenwood (R-Pa.) is president of the Biotechnology Industry Organization (BIO), which represents many of the kind of smaller publicly traded companies that have been among the most vocal critics of Sarbanes-Oxley and the burdens its corporate integrity standards have placed on businesses.

Greenwood working to ease Sarbanes-Oxley rules

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