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Inside Washington (12/13/2007)
* WASHINGTON (12/14/07)--Small companies will not be required to report on their internal financial controls, as mandated under a section of the Sarbanes-Oxley Act, for another year, Securities and Exchange Commission (SEC) Chairman Christopher Cox said Wednesday(American Banker Dec. 13). Cox said during a meeting with a House committee that Section 404 of Sarbanes-Oxley is being re-oriented to eliminate inefficient “make-work” procedures …


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