An executive summary of how the Sarbanes-Oxley Act affects IROs
After millions of citizens were duped out of their pensions by a handful of greedy executives, US politicians scurried to come up with broad-reaching legislation. What they came up with is the whopping 140-page Sarbanes-Oxley Act that addresses everything from corporate governance to insider trading. The question is: how will the IR role be affected by this mammoth Act?One assumes the accelerated deadlines for quarterly and annual reports - from 45 to 35 days for the 10Q and from 90 to 60
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