| Wall Street to Main Street: Small Business Still Has Sarbanes-Oxley Act of 2002 |
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| Saturday, 20 May 2006 | |
Wall Street to Main Street: Small Business Still Has Sarbanes-Oxley Act of 2002(NAMC) - The Securities and Exchange Commission will not give small businesses a break when it comes to investor security. They have refused to give a blanket exemption for small companies as it relates to the Sarbanes-Oxley Act of 2002. They are basically saying that all companies should be treated equally as it provides a level of protection to the investor. Although most small companies find complying with the regulations in regards to Sarbanes-Oxley very costly, they have no choice in the matter. There has been a small trend in companies listing their shares overseas due to the added expense of being listed on a U.S. Exchange. (Excerpt from Wall Street to Main Street May 18, 2006) NAMC Newswire Note: The Wall Street to Main Street daily segment and the Investors Corner segment in their entirety will only be available to subscribers. Keep in mind that all subscriptions are free and will remain that way. All that you need to do is go to www.namcnewswire.com and add your email address to receive the full segments as they are released.
Louis Victor
This article can be republished either online or in print as long as credit is given to the author and the NAMC Newswire.
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