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Emanuel Said to Press for Sarbanes-Oxley Exemption

The Obama administration is pushing House Democrats to spare small public companies the cost of complying with investor-protection rules imposed after the accounting frauds at Enron Corp. and WorldCom Inc., according to people familiar with the efforts.

 

Chief of Staff Rahm Emanuel is seeking the reprieve from audit requirements under the 2002 Sarbanes-Oxley Act, the people said.

 

Source: Bloomberg

 

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14 SUM CVR 160x214Inside the Summer 2014 issue…

• Attracting Talent
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• Severe Service in Power Plants
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