Home > News > Sarb-Ox revisited again
May 23rd, 2007
Sarb-Ox revisited again
Abstract:
LISA NAPOLI: Later today at the SEC, a meeting to discuss whether Sarbanes-Oxley accounting rules should be relaxed for the smallest publicly-traded companies. Those companies spend up to 1 percent of their earnings complying with those regulations. Marketplace's Steve Henn says many are begging for some relief.
STEVE HENN: Joseph Piche is the CEO of Eikos. It's a small nanotech company based in Franklin, Mass.
Piche's business needs capital, but if he decides to take his company public, he'll be heading overseas to London's stock exchange.
Source:
marketplace.publicradio.org
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