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Sarbanes-Oxley Law a Hit with Europeans

Traders Magazine, November 2002

Gregory Bresiger

Let the reader beware: Don't believe everything you read in the media. And be especially suspicious when reading about a supposed controversial new law. Citigate Financial Intelligence (CFI), an investor relations consulting firm, found that most U.S. listed European companies overwhelmingly will comply with the new Sarbanes-Oxley law, which requires CEO/CFO certification of earnings, the creation of the independent audit committee and the elimination of loans to officers.

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