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Key Congress Committee Approves SOX 404 Exemption
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Compliance Week
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November 05, 2009
The House Financial Services Committee formally approved an amendment this morning to exempt small companies from Section 404(b) of Sarbanes-Oxley. On a 37-32 voteâ??that, notably, went against the wishes of powerful committee chairman Rep. Barney Frankâ??the lawmakers approved an amendment to the I...
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