An important meeting of the Securities and Exchange Commission’s Advisory Committee on Smaller Public Companies last week did little but bring tensions around the Sarbanes-Oxley Act into sharper relief, even as the debate heats up still more with the release of the committee’s proposed recommendations.
The panel was formed last year to examine the effect of SOX and other securities regulations on small companies, but businesses of all sizes have followed the committee’s doings closely since the SEC says it will give significant weight to the group’s conclusions.
