SEC to Take Sarbox Suggestions in December

Lora Bentley

A news brief posted on WebCPA today reminds interested parties that the Securities and Exchange Commission will be accepting recommendations for changes to Sarbanes-Oxley (aka Section 404) at an open meeting in two months.

 

So will Treasury Secretary Paulson's "posse" have submitted all of their respective proposals before then? The Committee on Capital Markets Regulation, which also has Paulson's support, is slated to report next month, but other than that, we're not sure.

 

What we do know, according to SEC Chairman Christopher Cox's statement in the WebCPA piece: The Commission will address risk-based Section 404 implementation guidelines for managers before 2007.



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