Legal Director reports
November 07, 2002 at 07:05 AM
1 minute read
The original version of this story was published on Legalweek
US regulators have confirmed that foreign lawyers will be hit by radical anti-fraud powers contained in the controversial Sarbanes-Oxley Act.
Issuing draft proposals for the implementation of the act’s powers on Wednesday (6 November), the Securities and Exchange Commission (SEC) said: “The proposed rule would cover attorneys licensed, or otherwise qualified to practice, in foreign jurisdictions who appear and practice before the SEC”.
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