SEC adopts additional Sarbanes-Oxley rules
17 Jan 2003
The US Securities and Exchange Commission has adopted additional rules to implement portions of the Sarbanes-Oxley Act.
The new rules, which apply to foreign as well as domestic issuers, address:
- Conditions for use of non-GAAP financial information.
- Form 8-K amendments.
- Disclosure requirements regarding audit committee financial experts.
- Disclosure of adoption of a code of ethics.