SEC news from FierceSarbox
News
ALSO NOTED: Another Sarbox boom: executive pay consultants; benefits of XBRL tagging?;
> Firm holds mock security breach. Article> Demand for information Read more...
So how much will it cost to comply?
Small companies, even with the likelihood of another delay, are rightfully concerned with how much 404 compliance will cost them. The issue is not an easy one. There's not a lot of data out there. Read more...
Have you received a letter from the SEC?
It seems the Securities and Exchange Commission has been on a letter writing binge. In the Sarbanes Oxley era, SEC-penned letters to registrants soared--from 624 in 2004 to 4,892 in 2006. But this Read more...
Another small company 404 delay
For much of the year, I had been telling people not to hold their breath for another Sarbanes Oxley 404 delay for nonacclerated filers. My point was you couldn't count on any sort of regulatory Read more...
The Sarbox uncertainty zone
Sarbanes Oxley was designed in part to instill more confidence in the investing public. But there are times when just the opposite holds true. Novell offers a good example. The once powerful software Read more...
Sarbox and proxy access item
Well, the issue has been decided--for now. The SEC has voted to deny shareholder access to proxies, something shareholder rights activists have long supported. SEC Chairman Christopher Cox says he Read more...
More fraud, smaller penalties
According to the L.A. Times, the Securities and Exchange Commission launched a record 656 cases in fiscal 2007. That's a 14 percent hike over 2006. Penalties came in at only $1.6 billion in fines and Read more...