Monday, January 19, 2004

Clarification of muddle over SEC 404

Now that I am hunting for SEC 404 so that I can read it, I realise that I had misunderstood what exactly SEC 404 is:

This is actually section 404 of the Sarbanes-Oxley Act of 2002.

I had thought it was a separate piece of legislation, and that SEC in this context meant "Securities and Exchange Commission".

I think several of us in England had made the same mistake!