Keeping up with SOX compliance

There is both good news and bad news for publicly traded companies muddling through Sarbanes Oxley (SOX) compliance. On the bright side, the Securities and Exchange Commission (SEC) has announced that it will delay moves to an accelerated filing period for annual reports, giving big companies more time to transition to the retracted reporting cycles mandated by the act. As luck would have it, however, also this week, rules issued by the SEC for section 409 of SOX became effective. The rules, which cover real-time disclosure