SEC chairman says agency weighing revisions to anti-fraud law requirements.(front page)(Securities and Exchange Commission)(Brief Article)

Business Credit,  June, 2005  

Tags: agency, company, Sarbanes-Oxley Act, SEC

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The chairman of the Securities and Exchange Commission told Congress that the agency was weighing changes to reporting requirements for companies. Key requirements of the Sarbanes-Oxley Act, born of corporate scandals, are getting critical scrutiny, as scores of companies complain that the rules are too burdensome, costly and need to be changed.

Smaller public companies have been the most vocal. The law, which required the most far-reaching changes in ...

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