http://sox-blog.com SOX Solutions is the premiere service provider for SOX compliance Thu, 05 Nov 2009 18:20:06 +0000 http://backend.userland.com/rss092 en [caption id="attachment_73" align="alignleft" width="185" caption="Dark Pools"][/caption] Facts: Dark Pools: Trading pools without transparency. The investors involved, usually large institutions, can trade in secret without informing the public of their transactions. Prices are driven by publicly traded information but have no public visibility. Since this is a new hot issue with the SEC we ... http://sox-blog.com/?p=68 [caption id="attachment_58" align="alignright" width="340" caption="David's Office in NY"][/caption] [caption id="attachment_57" align="alignleft" width="85" caption="David Friehling, Auditor for Madoff"][/caption] David Friehling, 49, was arrested last week (Wed. March 19th) for assisting Madoff in his scandal of defrauding over $50 Billion from approximately 4,800 investors. Here's the load down. David worked out of a tiny office ... http://sox-blog.com/?p=56 Watching SNL over the weekend I couldn't help but laugh so loud seeing the skit about the "transformation" of Barack to the "Rock".  The best sceen in that skit was the Rock slamming the phone when a rep of AIG asked for more bail out money.  I still have yet ... http://sox-blog.com/?p=27 SEC\'s response to Madoff questions by Ackerman As I watched the grilling of the SEC representatives by Mr. Ackerman I felt that finally the SEC was getting a wake up call and wondered what was the point of having all these new regulations from Sarbanes-Oxley Act of 2002 ("SOX"), if our regulators ... http://sox-blog.com/?p=16 New 2008 COSO guidance just came out. Based upon our reading and understanding COSO is staying we should be leveraging higher management controls and do less on process level control testing http://sox-blog.com/?p=15