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Wall Street to Main Street: Small Business Still Has Sarbanes-Oxley Act of 2002 PDF Print E-mail
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)

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Louis Victor
NAMC Newswire
www.namcnewswire.com

 

 

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