ARTICLE | Finance
Rolling back SOX
Congressional reforms could bring novel funding options, SOX relief for biotech
March 12, 2012 7:00 AM UTC
A decade after Sarbanes-Oxley raised the bar for financial reporting at public companies, a less onerous compliance burden for small companies listing on the public markets is on the cusp of becoming law.
Last week, the U.S. House of Representatives passed the Jumpstart Our Business Startups Act (H.R. 3606) and the Senate is expected to pass an identical bill shortly...