SOX Center

Jim Clark, co-founder of internet icon Netscape Communications, has resigned as chairman of online photo site Shutterfly saying that Sarbanes-Oxley corporate governance regulations had ‘gone too far’.
In a letter to management released in a regulatory filing, Clark said one reason for him resigning was due to constraints imposed on major shareholders by the Sarbanes-Oxley securities […]

When the new Congress began its session last week, two familiar faces were not present: Sen. Paul S. Sarbanes and Rep. Michael G. Oxley, who are both retiring. Sarbanes, a Maryland Democrat, has served for 30 years; Oxley, an Ohio Republican, for 26 — and their main legacy will be their joint attack on corporate […]

When the new Congress begins its session this week, two familiar faces will not be present: Senator Paul Sarbanes and Representative Michael Oxley, who are both retiring. Their main legacy will be the joint attack on corporate corruption that bears their names — the Sarbanes-Oxley Act of 2002.
The act, which was passed hastily in the […]

1: Ed Balls - Economic secretary to the Treasury
Ed Balls is often tipped as a future chancellor. The good news is that he appears to understand how the profession works. Balls has been the driving force behind moves to prevent the London Stock Exchange from being hampered by the Sarbanes-Oxley Act in 2006 and […]

The number of venture-backed initial public offerings awaiting their stock market debut more than doubled at the start of 2007 with a tech filing from Omneon Video Networks marking a late-entry addition to the roster.
Hailing largely from the tech sector, the ranks of venture-backed IPOs swelled to 36 as of Tuesday, up from 16 in […]

Shareholders sued 120 companies for stock fraud this year, according to data compiled by Bloomberg and the Stanford Law School Securities Class Action Clearinghouse, the lowest total since 1996, a year after Congress passed laws to curb securities-fraud litigation.
The decline might have resulted in part from increased corporate governance rules and fraud prosecutions since 2002. […]