Radian Compliance Management Services

How Far Will Sarbox Stretch?

Sarbox isn’t just for Wall Street anymore. Interesting cases involving pornography and illegal waste dumping from a tanker are testing the regulation. We don’t think Sarbox fits the pornography case — the prosecutor seems to be grasping at straws — but we won’t pretend to know all the facts, either.

Ironically, at the same time that U.S. companies are adjusting to new — and easier — Sarbox 404 implementation guidelines, prosecutors in Connecticut are working to secure a conviction under Sarbox in a surprising set of circumstances.