Free Pricing | JCPenney Coupons | Pizza Hut Coupons | Home Depot Coupons
Oxley sees changes in Sarbanes-Oxley next year

Oxley sees changes in Sarbanes-Oxley next year

by Rick Turoczy on September 26, 2006

The co-author of the landmark Sarbanes-Oxley corporate governance law said Tuesday he expects some changes in the way the law is enforced next year. Speaking at a Dow Jones equity conference, Ohio Republican Rep. Michael Oxley, the chairman of the House Financial Services Committee, said he sees bipartisan support for a new rule-making at the Securities and Exchange Commission, rather than new legislation from Congress. Oxley defended the law, which was passed in the heat of the corporate governance scandals of 2002: “We did a good job, all things considered.” The cost of compliance to the law has been a burden to small companies, he said.

Oxley sees changes in Sarbanes-Oxley next year

Leave a Comment

Previous post:

Next post: