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SYMS saga takes new twist

Recall that retailer SYMS decided to deregister and trade on the Pink Sheets to save the money it would have spent on Sarbanes Oxley compliance. Well, some hedge funds didn't like it and put up a Read more...

ALSO NOTED: Committee pushes SEC hard on XRBL; CFOs stuck with compliance burdens;

> Paul Sarbanes does not regret the law. Article> CFOs stuck with compliance burdens. Read more...
Tags: SEC   pink sheets   compliance  

ALSO NOTED: In biotech, lots of pessimism about compliance; Sarbox can be an earnings driver;

> Rogue employee hit bank; are you protected from such employees? Article > XBRL and higher audit fees. Read more...

Sarbox battle erupts over retailer

We've been debating the costs vs. benefits of Sarbox for a while now. Has the conventional wisdom shifted at all? Despite acknowledging the costs of Sarbox, deep down, people will always see a move Read more...

ALSO NOTED: What's next for small companies; VC pros worry about law still;

> Some pols are still stumping for another small-company 404 extension. But that really does not seem likely. Read more...

Pink sheets a better-looking alternative now?

The Pink Sheets still suffers a bit from its old reputation as a haven for shady firms. Trading Read more...

Tags: pink sheets  

ALSO NOTED: Sarbox could have spared Nacchio;"Rogue" Web services could cause problems with IT controls;

> Addeco becomes latest company to delist from NYSE in accord with new rules. The company had repeatedly postponed its earnings due to a string of mishaps. Read more...

ALSO NOTED: SEC and PCAOB are considering forming a new accounting panel; Pink sheets may get a boost;

> Here's a column from a former analyst who blames Sarbox for making his job tougher. But I think he's really talking about Reg FD. Read more...

An new option: Voluntary delisting

This is what you might call the least attractive of the responses to Sarbox: Bennett Environmental, a Canadian company, will voluntarily delist from the American Stock Exchange. It has pitched the Read more...

Avoiding Sarbox: worth the reputation hit?

We've noted the London's Stock Exchange's AIM (Alternative Investment Market), whose rising popularity seems to be at the expense of the NASDAQ. By one measure, raising $50 million on NASDAQ costs Read more...