Anti-Sox Clause maybe included in NYSE-Euronext Merger Deal
Published by claudia August 31st, 2006 in News, SOX Tags: european exchanges, financial news, merger, nyse, sarbanes oxley.German Financial News Portal Finanznachrichten says that regulators are working on adding a Anti-Sarbanes-Oxley clause to the merger deal between Euronext NV and NYSE Group. This clause may comprise that the deal would break up if someone attempt to apply the SOX reporting rules to companies listed on the combined group’s European exchanges.
Dr. Morici, has written a great comment about this issue.
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