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U.K. eyes law to bar Sarbanes-Oxley for listed firms

U.K. eyes law to bar Sarbanes-Oxley for listed firms

by Rick Turoczy on September 14, 2006

A U.K. official has proposed legislation to give the government veto power over rule revisions by exchanges, although one expert doubts that any U.S. bourse would attempt to impose stricter rules in the wake of two key mergers in the works.

SEC spokesman John Nester said the exchange has no comment on Ball’s remarks. Nasdaq spokesman Wayne Lee also declined to comment.

U.K. eyes law to bar Sarbanes-Oxley for listed firms

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