High Court Justices Weigh SOX Oversight Board Fight
By Erin Fuchs (December 7, 2009, 7:32 PM EST) -- The U.S. Supreme Court heard arguments Monday in a case challenging the constitutionality of the oversight board created by the Sarbanes-Oxley Act of 2002, probing attorneys about the relationship of the board to the U.S. Securities and Exchange Commission.
According to lawyers on both sides of the issue, the Supreme Court justices focused their questioning largely on the level of control the SEC has over the Public Company Accounting Oversight Board.
"They were very much pushing on trying to understand what really is the nature of the SEC's oversight," said Gillian Metzger, a Columbia University law professor who filed a brief...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!