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Forum holds debate on Sarbanes-Oxley

Forum holds debate on Sarbanes-Oxley

by Rick Turoczy on July 10, 2006

Hours after Henry Paulson, the onetime chairman of the Financial Services Forum, was sworn in as treasury secretary, the Forum yesterday assembled a senior treasury official and three House members for a debate on the costs and benefits of Sarbanes-Oxley, 2002′s sweeping corporate-governance law.

Rep. Tom Feeney (R-Fla.), who continues to push legislation granting smaller public companies a reprieve from Sarbanes-Oxley’s auditing rules, used his appearance at the debate to play up the comparative advantage that the law gives to overseas financial markets, many of which lack the United States’ strict corporate-governance laws.

Forum holds debate on Sarbanes-Oxley

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