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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (1935)5/14/2003 11:47:57 AM
From: Ken W  Read Replies (1) of 23958
 
Sergio

A run down on the Sarbanes-Oxley reg.

aicpa.org

Pretty interesting rules coming into effect re: 402a (prohibiting loans by companies to officers) Should put a real kink in the likes of UNTD...they loan money to the officers to pay for options.

I can see this costing companies a lot of money to comply with as well as breaking up some of the good ol' boys clubs.

Interestingly there was a press release on CDIC from ISI (I think) commending the company for their independent board of directors and stellar company governance!! LOL Suppose they saw this coming?

Ken
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