Case could prompt Congress to reshape Sarbanes-Oxley

12/4/2009 | Bloomberg

Supreme Court justices will hear a case next week that challenges the creation of the Public Company Accounting Oversight Board, a central tenet of the 2002 Sarbanes-Oxley Act. An accounting firm and a small-government advocacy organization argue that the board does not have the presidential control required by the Constitution. If the court rules against the board, a battle might build in Congress regarding other aspects of Sarbanes-Oxley.

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