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SEC Slates Meeting to Bridge Gaps on 404

SEC Slates Meeting to Bridge Gaps on 404

by Toby Lucich on March 31, 2007

Acknowledging gaps between proposals by the Securities and Exchange Commission and the Public Company Accounting Oversight Board for complying with Section 404 of the Sarbanes Oxley-Act, the SEC will hold an open meeting next Wednesday to talk about how the two regulators can march in lockstep on internal controls.

“At the meeting the Commission’s staff will describe the remaining issues in aligning the proposed approaches, and those issues will then be considered by the Commission,” the SEC stated in a release.

SEC Slates Meeting to Bridge Gaps on 404

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