Political Quotes

Richard Shelby: “I agree with Senator Dodd. We work on the Banking Committee with this. The SEC has asked us to hold off. We all want to…”

On the recordApril 24, 2007
I agree with Senator Dodd. We work on the Banking Committee with this. The SEC has asked us to hold off. We all want to give relief under Sarbanes-Oxley for small businesses. The SEC, PCAOB are in the process of doing this, and this is probably going to happen in the next couple of weeks. I don't disagree with what Senator DeMint is trying to do, but I think it is premature. The timing is not good. But the timing is always good if we work with the SEC on something they know a heck of a lot about. This is a very complex issue.
Said by
Richard Shelby
Republican · Alabama
Source
govinfo.gov

Editor's note · Context

Discussing the timing and implications of Sarbanes-Oxley relief for small businesses.

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