From the House Committee on Financial Services.  See the red text for Sarbanes-Oxley related topics, times/dates.

• Add the House provisions that exempt small issuers (less than $75 million in market capitalization) from the requirements of Sarbanes-Oxley Section 404(b) (House § 7606, p. 1417), and require the following studies:
  • An SEC study of ways to reduce the burdens of compliance with Section 404(b) on companies with $75 million to $250,000 million in market capitalization (House § 7606, p. 1417);
  • An SEC study on the use of revenue as a test for defining smaller reporting companies (House § 7416, p. 1374); and
  • A GAO study on reducing the Sarbanes-Oxley compliance burdens and whether reducing those burdens would encourage listings on exchanges (House § 7415, 1372).

To read the full update, please click here.