January 3, 2003
Fresh start for a new
Fresh start for a new year – I am now the Editor of TheCorporateCounsel.net. This is the location of my new blog – and I promise to include more practical information than i have provided in the past.
If you would like to contact me – broc.romanek@thecorporatecounsel.net or 703.237.9222. This contact info is always in the “About Us” section of TheCorporateCounsel.net.
The SEC is holding an open meeting on Wednesday, January 8th to direct the SROS to prohibit the listing of any security of an issuer that is not in compliance with the audit committee requirements established by the Section 301 of the Sarbanes-Oxley Act of 2002. These requirements relate to: the independence of audit committee members; the audit committee’s responsibility to select and oversee the issuer’s independent accountant; procedures for handling complaints regarding the issuer’s accounting practices; the authority of the audit committee to engage advisors; and funding for the independent auditor and any outside advisors engaged by the audit committee.