Wednesday, March 01, 2006

Boston Chamber of Commerce Releases Report Recommending Changes to SOX

The Greater Boston Chamber of Commerce today released a report entitled, "A Fairer Climb: Improving Sarbanes-Oxley." According to an accompanying press release issued today, the report, "outlines the overly burdensome impact of the Sarbanes-Oxley Act (SOX) on small and mid-cap companies, and recommends specific changes the Securities and Exchange Commission (SEC) should implement that would keep the legislation’s intent intact."

The report was commissioned by the Greater Boston Chamber for presentation to the SEC Advisory Committee on Smaller Public Companies (SEC ACSPC) during the public comment period on SEC ACSPC's Exposure Draft, which is expected to be released any day now. (At SEC ACSPC Feb. 21 meeting, co-chair Herb Wander indicated it would be released by Feb. 27.) The research for the Greater Boston Chamber's report was conducted by Abt Associates, Inc.

Boston Chamber of Commerce Releases Report Recommending Changes to SOX

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