Re:Supreme Court Strikes Down Part of Sarbanes-Oxley
by zamfi on Monday June 28, 2010 @12:42PM
(#1468468)
Wait, isn't this almost the opposite of what the article states? I read it as saying that the ruling removed the restriction that SOX Public Company Accounting Oversight Board members could only be removed for good cause.
In other words, it's now easier for those board members to be removed, as the SEC can just remove them at will.
I haven't read the actual text of the ruling; is the article inconsistent with it?
In other words, it's now easier for those board members to be removed, as the SEC can just remove them at will.
I haven't read the actual text of the ruling; is the article inconsistent with it?