September 17, 2004
Sarbanes-Oxley Affects Attorneys - but not as much as it does their clients...
When Sarbanes-Oxley was enacted in 2002, the Section 307 included a "noisy withdrawal" provision. This was a real concern to attorneys who deal with public companies. As of August of 2003, this provision has been removed much to attorneys' relief. So while training is necessary for attorneys to understand the Sarbanes-Oxley provisions, the effect has been much less on them than it has for their clients.
See an excerpt from an article at www.bizjournals.com:
"When the SEC's final rules became effective Aug. 5, 2003, to the relief of many attorneys, they did not contain the "noisy withdrawal" provision. More than a year later, they've become part of the daily grind for local corporate attorneys."
For the complete article see: http://www.bizjournals.com/moneycenter/story.html?id=3240
To find out more about Issues Central Sarbanes-Oxley Compliance Playbook(tm) see www.issuescentral.com
See an excerpt from an article at www.bizjournals.com:
"When the SEC's final rules became effective Aug. 5, 2003, to the relief of many attorneys, they did not contain the "noisy withdrawal" provision. More than a year later, they've become part of the daily grind for local corporate attorneys."
For the complete article see: http://www.bizjournals.com/moneycenter/story.html?id=3240
To find out more about Issues Central Sarbanes-Oxley Compliance Playbook(tm) see www.issuescentral.com
