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Spirent is going to quit NYSE listing because of Sarbanes-Oxley

Posted By claudia On 6th October 2006 @ 14:11 In News, SOX, Europe | No Comments

SPIRENT, the telecoms testing group, yesterday blamed the cost of meeting tough new corporate governance rules in America for its plan to drop its New York listing.

The company, which has its primary listing in London, said that the Sarbanes-Oxley rules, introduced after the Enron collapse to regulate US-listed businesses better, were costing it too much.

[1] Times Online: Cost of meeting new regulations inspires Spirent to quit NYSE

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[1] Times Online: Cost of meeting new regulations inspires Spirent to quit NYSE: http://business.timesonline.co.uk/article/0,,13129-2391168.html

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