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Hyde Park: Congress expected to pass Sarbanes Oxley Social Media Amendment

Hyde Park: Congress expected to pass Sarbanes Oxley Social Media Amendment

by Rick Turoczy on September 26, 2006

The idea that Sarbanes Oxley would be amended to exclude social media is fantasy. But unless Sarbanes-Oxley and dozens of other laws and regulations governing corporate compliance, accounting rules, truth in advertising, etc. are repealed, companies who throw wide open the doors of social media without regard for these regulatory and ethical realities, and sound corporate communications practice, are irresponsible and just plain stupid.

Hyde Park: Congress expected to pass Sarbanes Oxley Social Media Amendment

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