Bankers seek relief from Sarbanes-Oxley

When David Taber first saw Section 404 of the Sarbanes-Oxley Act of 2002, designed to thwart fraud at public companies, it didn't look like much.

Now, the roughly 85 words in the act could cost his Sacramento-based community bank an extra half a million dollars and require the hiring of a full-time staffer to handle compliance.

See full Article.