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Wait, isn't this almost the opposite of what the article states? I read it as saying that the ruling removed the restriction that SOX Public Company Accounting
by zamfi 16y ago
Wait, isn't this almost the opposite of what the article states? I read it as saying that the ruling removed the restriction that SOX Public Company Accounting Oversight Board members could only be removed for good cause.
In other words, it's now easier for those board members to be removed, as the SEC can just remove them at will.
I haven't read the actual text of the ruling; is the article inconsistent with it?