What's Next for Section 404?

SEC chairman William Donaldson and PCAOB chairman William McDonough seem to suggest that they believe this provision of Sarbanes-Oxley goes too far.

Will Section 404 be scaled back?

Two of the most powerful securities regulators seemed to hint as much at yesterday's Securities and Exchange Commission roundtable, which discussed the demands of that Sarbanes-Oxley provision calling for companies to document their internal controls over financial reporting.

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