The Archives

Everything written by Bill Sjostrom on law, economics, and more

Hello World!

Welcome to Truth on the Market. We have launched this blog to provide the metaphysical subjective truth on abstract, concrete and invisible markets throughout the civilized world (whatever that means). More specifically, as indicated by our current tagline (we know it’s unoriginal; we hope to come up with something better soon) our blog will provide ... Hello World!

Can the SEC Exempt Small Companies From Sarbanes-Oxley 404?

Last month the SEC Advisory Committee on Smaller Public Companies adopted the following three recommendations concerning oft-maligned Sarbanes-Oxley Section 404: 1. Exempt Microcap companies from S404, subject to certain conditions 2. Exempt Smaller Public Companies from the external audit requirement of S404, subject to certain conditions. 3. The subcommittee strongly endorses recommendation #2. However, if ... Can the SEC Exempt Small Companies From Sarbanes-Oxley 404?

We go live soon!

We’re not live yet, but we will be soon. Our planned launch date is January 17, 2006.