SEC Won't Extend Section 404 Deadline Again

Law360, New York (September 25, 2007, 12:00 AM EDT) -- Small businesses should begin preparing to comply with Section 404 of the Sarbanes-Oxley Act, because although they have received several deadline extensions from the U.S. Securities and Exchange Commission, another will not be forthcoming, according to an SEC official.

SEC Director of Corporate Finance told attendees of an agency forum on small business on Monday that the commission was not anticipating any deadline extensions, and that although recent reports show that some small businesses were moving slowly in readying themselves for compliance, the deadline will remain...
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