Archive for Sarbanes-Oxley SmartBlogs

BlackRock CEO Larry Fink was a featured speaker at the SIFMA Annual Meeting Tuesday in Manhattan. During his appearance, Fink shared numerous nuggets of wisdom with the audience, including these 10 key takeaways:

  1. If it wasn’t for Washington, the U.S. economy would be stronger and there would be more foreign investment in the U.S. “Our economy is based on principles … one of those principles is strong government.
  2. […] Continue Reading »

In my last post, I discussed some of the ways that companies contemplating an initial public offering or a possible acquisition by a larger firm (so-called “pre-IPO/pre-acquisition companies”) can use strong corporate governance practices, particularly readiness to comply with the Sarbanes-Oxley Act of 2002, as a means of demonstrating additional value to potential investors or acquisition suitors.[…] Continue Reading »

The primary focus of the well-publicized and sweeping corporate governance reforms adopted over the last decade, such as the Sarbanes-Oxley Act of 2002 (“SOX”) has been public companies, but elective compliance with certain provisions of SOX by privately held companies can provide significant advantages.

In fact, many private companies are discovering that they can actually enhance the value of their businesses and improve operational procedures through changes in areas such as internal controls, board composition (e.g., independent directors), audit committees, and development and implementation of codes of business conduct and ethics.[…] Continue Reading »

The Securities and Exchange Commission’s decision Wednesday to create a $300 million whistle-blower program is expected to alter the way some individuals report — and the SEC polices — suspected corporate wrongdoing. To learn more about what the rules mean, SmartBrief asked Cadwalader, Wickersham & Taft partners Brad Bondi, a former enforcement counsel to two SEC commissioners, and Steven Lofchie, co-chairman of the firm’s Financial Services Department, for their insight.[…] Continue Reading »

Don Walker is a senior managing director at FTI Consulting and a former senior assistant chief accountant in the Division of Corporation Finance at the Securities and Exchange Commission. He recently discussed the state of financial regulation.

The Dodd-Frank Act requires regulators to promulgate more than 200 rules. What is the most important Dodd-Frank rule-making process that you are following?[…] Continue Reading »