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Thursday, June 22, 2006 This approach would offer some relief to smaller public companies that were disappointed by last week's Securities and Exchange Commission (SEC) decision to reject a proposal to exempt them from complying with the audit rules of the Sarbanes-Oxley Act (SOX) of 2002. John Hagerty, vice president of Boston-based AMR Research, said many companies initially took the costly approach of testing and documenting internal controls for everything to protect themselves from violating Sarbanes-Oxley. Sarbanes-Oxley testing cuts could mean cost cuts Previous articles Sarb-Ox critics have short-term memories
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