Sarbanes-Oxley and FDIC laws overlap

WASHINGTON, DC

-- A final rule issued by the US Federal Reserve, designed to tailor Sarbanes-Oxley for banks, seems to clash with existing Federal Deposit Insurance Corporation (FDIC) rules. The new rule gives the Fed authority to enforce the enhanced disclosure and corporate governance requirements applied by the Sarbanes-Oxley Act to banks that hold a class of securities registered under the Securities and Exchange Act of 1934. However, the rules seem to conflict with the Federal Deposit

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here