SEC holds roundtable with its former chairmen
Agenda of US markets regulator's roundtable is not known, but it will be open to the public and is expected to cover Sarbox
The US markets regulator is to hold a roundtable today that will see five
former chairmen as part of the panel.
Securities and Exchange Commission chairman,
Christopher Cox, announced the round table
yesterday but did not reveal the agenda for the meeting.
However, the vote this week over the fate of a proposed review the internal
control provisions of the Sarbanes-Oxley Act – in a bid to minimise compliance
for small and middle-sized companies – may be discussed.
Participants in the roundtable will include:
• William H. Donaldson, who headed up the SEC from 2003-05, and currently
serves as chairman of Donaldson Enterprises;
• Harvey L. Pitt, who headed up the SEC from 2001-03, the chief executive
founder of Kalorama Partners;
• Arthur Levitt, who headed up the SEC
from 1993-2001, now a senior advisor with the Carlyle Group;
• David S. Ruder, who headed up the SEC from 1987-89, and the current William W.
Gurley Memorial Professor of Law at Northwestern School of Law; and,
• Roderick M. Hills, who headed up the SEC from 1975-77, and now a partner at
Hills and Stern LLP.
The one-hour roundtable is scheduled to begin at 5 pm (ET) in Washington, and
is open to the public. The event will also be Web cast live at:
www.sec.gov/news/otherwebcasts.shtml.
Further reading:
Sarbox ‘does not need to be changed’
SEC chairman Cox defends Sarbox