Thursday, October 06, 2005
NAMIC Issues Action Alert on the Application OF Sarbanes-Oxley to Mutual Companies
Congressional leaders tell NAIC that federal SOX reforms were "deliberately" limited to publicly traded companies.
A recent exchange of correspondence between key members of Congress and the NAIC on applying elements of the Sarbanes-Oxley Act to non-public insurance companies has added strength to NAMIC's firm position in opposition to the regulators’ proposal.
See full Article.