ALSO NOTED: Who's to blame for options snafus?; Super lawyer on the hot seat

> Edgar, we hardly knew ya. Looks like the SEC is moving toward creating an electronic filing system that will shove Edgar out the door. It has awarded three contracts to build such a system. The move makes a whole lot of sense. Article

> When it comes to compliance, financial services firms have an unusually broad set of rules to grapple with: Sarbox, Basel II, various exchange SROs and overseas regulations. The European Markets in Financial Instruments Directive looms. Article

> Who's to blame for options snafus? At Broadcom, CFO William Ruehle has stepped down amid the probe, a move said to be in the best interest of all parties. Article | At Monster Worldwide, general counsel Myron Olesnyckyj has been suspended, pending the results of a company inquiry. Article

> People have recently noted the ostensible ascendancy of the London Stock Exchange's AIM, and there has been a lot of talk of the resurgence of the city of London as a financial super center. New York will not easily cede ground. City leaders see Sarbox as a huge threat to its status. Article

> The options backdating scandals have one super-lawyer in Silicon Valley on the hot seat. Article

> Another Sarbox fraud case settlement: Doral Financial, onetime Puerto Rican mortgage firm and NYSE-listee, will pay a $25 million civil penalty. Article

> The recent Spencer Stuart Board Index survey makes clear that boards are becoming more independent and more diverse. One wrinkle in the wide-ranging survey is that audit committee members seem to be the hardest working directors. More than 35 percent of S&P 500 audit committees meet more than 11 times a year vs. just 1 percent in 2001. Survey

> The NYSE and Euronext continue to press the case that Sarbox-like rules will not be imposed on Euronext listees. Article | Are European officials overreacting? Article | Despite the controversy, Euronext officials seem committed to merger. Article

> The Sarbox "roadshow" may be coming to a city near you. Article

And finally ... Ethical behavior as a competitive advantage. Article