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CFOs: Kerry’s Sarbox Relief Bill Not Enough

CFOs: Kerry’s Sarbox Relief Bill Not Enough

by Rick Turoczy on October 5, 2006

Sen. John Kerry (D-Mass.) has introduced legislation to ease the concerns small companies have about the cost of complying with section 404 of the Sarbanes-Oxley Act. But amid Congress’s month-long break until the Nov. 7 elections, followed by a year-end, lame-duck session, the bill isn’t expected to go anywhere or get much attention.

None of the sources CFO.com contacted for this article–many of them small business executives–had heard of the legislation, which the former presidential candidate introduced in the Senate nearly two weeks ago. It was referred to the Committee on Small Business and Entrepreneurship.

CFOs: Kerry’s Sarbox Relief Bill Not Enough

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