Pressure on the Securities and Exchange Commission to delay the internal control requirements of the Sarbanes-Oxley Act for most public companies was stepped up a notch late Thursday after the House of Representatives voted to extend small-business exemption through 2008 with a 267-154 vote.

Reps. Scott Garrett, R-N.J., and Tom Feeney, R-Fla., attached the amendment to the Finance Appropriations and Government Appropriations Act, 2008, which doles out money for financial services and general government activities for the fiscal year ending Sept. 30, 2008.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]