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Sarbanes-Oxley News
Article:
SEC Faces Some Crucial Questions
The SEC is expected to make some important decisions in the next few weeks, including
changes to Sarbanes-Oxley requirements and legal initiatives including negotiation of corporate settlements and arbitration of brokerage disputes. Section 404 of Sarbanes-Oxley has been under intense scrutiny for its effect on US competitiveness, and so the SEC and the Public Company Accounting Oversight Board will present updated recommendations to reduce the costs of SOX compliance. Some fear that the SEC is favoring business over investors in its approach toward relaxing Sarbanes-Oxley, which has prompted an invitation for the five SEC commissioners to testify in front of the house oversight committee. A spokesperson for the SEC stated, in response, that "everything we do is on behalf of investors."
The Sarbanes-Oxley News Article
About OpenPages
OpenPages is the leading provider of Governance, Compliance and Risk
Management solutions
for Sarbanes-Oxley Compliance, Financial Controls Management, General
Compliance Management, Operational
Risk Management and IT
Governance.
The company’s solutions provide the visibility, decision support and
control to improve accountability, better manage risk, achieve compliance
with numerous regulations, improve operational performance and align strategies
to ensure better results.
Market-leading corporations in financial services, manufacturing, telecommunications,
media/entertainment, retail/consumer, energy, high technology, health services
and life sciences rely on OpenPages to help them achieve sustainable governance,
risk and compliance management -- enabling them to become well-governed businesses.
Founded in 1996, the company is headquartered in Waltham, Massachusetts, with
regional offices throughout North America and international offices in London, Munich, Paris, Tokyo and Hong Kong.
For more information on OpenPages' suite of business governance software solutions
or to register for an online demonstration, please call 781-693-5999 or visit
www.openpages.com.
Reynolds American Selects OpenPages FCM for Sarbanes-Oxley Compliance.
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