• SEC Final Rules: Audit Committee Financial Experts
  • May 20, 2003
  • Law Firm: Buchanan Ingersoll, Professional Corporation - Pittsburgh Office
  • On January 23, 2003, the SEC issued final rules under Section 407 of the Sarbanes-Oxley Act of 2002 that require companies subject to periodic reporting under the Securities Exchange Act of 1934, including small business issuers and foreign private issuers, to disclose whether at least one "audit committee financial expert" serves on the audit committee.