Thursday, March 20th, 2008
 BLOGGER: Lora Bentley E-mail Lora - Lora is an attorney and journalist who covers regulatory and legislative issues for IT Business Edge’s Managing Compliance Standards weekly report.
|
|
Not everyone thinks the Sarbanes-Oxley Act of 2002 is the worst thing to happen to corporate America. Just ask the shareholders of New York-based retailer Syms. At the end of 2007, company leaders applied to delist its shares from the New York Stock Exchange. They did so in order to save some $750,000 in costs associated with Securities and Exchange Commission reporting and Sarbanes-Oxley compliance. Well, shareholders didn’t think it was a good thing at all, and they immediately began to protest — vigorously, media reports say. If the company went private, they would no longer have assurance that the company was protecting their interests; nor would they have regular and easy access to financial information from which to make informed decisions about their investments. So, in February, the company caved to the pressure, re-registered with the SEC and listed its shares on the Nasdaq. READ MORE
|
Posted in Sarbanes Oxley | No Comments »
Thursday, March 20th, 2008
Note: A Special Thank you DRJ’s Editorial Advisory Board for their incredible efforts to identify and compile this information.
If you’re like I am, I have kept my own list of rules and regulations pertaining to Business Continuity for years. I trade my list with fellow BC professionals for a copy of their prized list. We trade links for good sites where additional regulations may be found. This is a somewhat tedious activity, and certainly not a good way to share with the world of BC planning. Luckily, a fellow member of the DRJ EAB had the idea to start a committee to compile a list of regulations that could be shared through the DRJ to the entire BC world.
We formed a team, shared our lists and on-line resources. Each team member scoured the internet and their own list of BC contacts to glean additional rules and regulations to include in our data base. After a few iterations we realized that our list will never truly be complete, and as long as there are lawmakers and bureaucrats, new laws will be added. We double-checked the list we had compiled, confirmed the links, categorized them as best we could, and we are now ready to release our data base to the BC world. Knowing full-well that our starting list will grow with your help.
>>>>>>>> Click Here to Read the Entire Article <<<<<<<<<<<
Posted in Business Continuity Management | No Comments »
