Wednesday, November 4, 2009

House Financial Services Committee passes Garrett-Adler amendment

The anticipated roll-call vote on the Garret-Adler amendment happened today... passing by a 37-32 vote. The amendment would exempt Small Caps from SOX 404 compliance. There is a long way to go before this bill becomes law, but it is said that the White House supports the bill.

Is this amendment a good thing? You can start a discussion here or follow the one going on now on LinkedIn.

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