Small Business Reading Room


Wednesday, April 25, 2007

Congress takes on SOX?

That's right. Federal Legislation to reform certain provisions of section 404 of the Sarbanes-Oxley Act of 2002 is in the works.

There are currently bills in both the House and the Senate that will attempt to make compliance with section 404 more efficient. The ultimate goal of course is to try to regain some of the capital market and global competitiveness that was lost thanks to the reactionary implementation of the original, draconian SOX Act in 2002.

At this point, I guess it is the next best thing other than a time machine.

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Delaware Intercorp, Inc.
113 Barksdale Professional center
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