Waiting for the dust to settle
The Sarbanes-Oxley Act has been hailed as the solution to the worst crisis in US investor confidence since the Wall Street crash, but in the UK it has left lawyers with more questions than answers. Jan Harvey reports
Harvey Pitt may have taken a fair amount of flak from the press over his personal business dealings in the past, but in his speech to the American Bar Association’s (ABA’s) annual general meeting in August, the chair of the US Securities and Exchange Commission (SEC) left his audience under no illusions about his attitude towards white-collar crime.
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