Categories

News & Releases

Supreme Court Rules on the Constitutionality of SOX

The Supreme Court ruled on June 28, 2010 that the Sarbanes Oxley Act gave too much independence to the Pubilc Company Accounting Oversight Board, but it left the underlying law intact.

7 Jul 2010

Supreme Court Considering Constitutionality of SOX

An accounting firm brought the case seeking a judgment that the Sarbanes Oxley Act violates the U.S. Constitution because Board members are not appointed or removed by the President, but by the Securities and Exchange Commission for good cause.

1 Apr 2010