“Sarbanes-Oxley was a mess at the time it was adopted and poorly drafted, but it was a model of clarity compared to Dodd-Frank,” Steve Quinlivan said in the Oct. 8, 2010, issue of Finance & Commerce. “It’s too soon to judge Dodd-Frank. We might not know how effective it is until the next financial crisis.”
Right now, Steve says in the article, he’s working with his clients to make sure they are on sound footing to prepare for when the SEC begins finalizing details, adding that not being prepared can have negative consequences for public companies.
Read the entire article here.
Steve is the driving force behind the firm’s blog site, Dodd-Frank.com. His posts are aimed at helping corporate clients understand and react appropriately to the changes in the new law.