opinions, everybody's got one...
Wednesday, April 14, 2004
what's in rebecca's pocket?
One of the hallmark blogs... a blog against which all other blogs are measured... is rebecca's pocket.
I am always delighted when I get a chance to peruse the pocket. I think you will be pleased too.
Today I was very interested in 4 or 5 articles. But I won't tell you which ones. You'll just have to find out for yourselves.
Tuesday, April 13, 2004
Attorney's Obligations under the Sarbanes-Oxley Act
When the general counsel for the US Securities and Exchange Commission discusses how the Commission regulates attorneys under the Sarbanes-Oxley Act, it's worth listening.
Though it might be interesting to hear what your state Bar Association has to say about the legislation and the general counsel's interpretation of it.
There are serious concerns about implementation of the Act, and the linked speech identifies those:
Among other things, this debate has highlighted a number of apparent tensions: between the duty to serve shareholder interests, on the one hand, and the duty to protect client confidences, on the other; between federal authority to regulate attorneys appearing and practicing before the Commission and traditional state regulation of attorneys; and between competing policy views about the appropriate role of lawyers as gatekeepers under the federal securities laws.The question I have, though, is how well general counsel has addressed those issues.