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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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