MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, August 1, 2007 Senate Dems Tell Cox His Calls to Congress to Ban Soft Dollars are 'Inappropriate' SEC Chairman Christopher Cox drew praise from Republicans and criticism from Democrats during a recent oversight hearing Tuesday before the Senate Banking Committee. The WSJ reports that Republicans praised Cox for his proposals earler this month to make it easier for public companies to conduct annual reviews of their financial-reporting controls. Democrats chastised Cox for calling on Congress to ban "soft dollar" arrangements. Sen. Charles Schumer, (D-NY), was esspecially upset, calling Cox's request "inappropriate" and said it "came as a huge surprise" in light of the fact that the SEC had already issued guidelines in this area. Printed from: MFWire.com/story.asp?s=15251 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |