Just weeks after US Treasury Secretary Hank Paulson delivered his first big speech advocating unwinding parts of Sarbanes-Oxley, a new commission is formed to look at changing Sarbanes-Oxley.
And surprise, surprise, so now we have news of the Committee on Capital Markets Regulation. It's stacked with business leaders and academics who will consider, among other things, whether Section 404 of Sarbanes-Oxley should be changed.
It doesn't come across as an objective, bipartisan inquiry. Sounds like the answer's been drafted up. Why's that? Take a look at the committee.
See full Article.
Posts
