Archive for November 6th, 2009
Permanent 404(b) Exemption for Non-Accelerated Filers Passes Major Hurdle
By David Feldman at 6 November, 2009, 2:05 am
Yesterday, the House Financial Services Committee, led by Massachusetts Rep. Barney Frank, approved the Investor Protection Act. An amendment proposed by New Jersey Reps. John Adler and Scott Garrett would create a permanent exemption from Sarbanes-Oxley Act Section 404(b) for so-called non-accelerated filers below $75 million in market capitalization. The amendment was approved 37-32, above [...]
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