If we need an audit, pay her to do the audit. I don't have anything against any of these individuals but why pay them for nothing. This isn't welfare
Correct, it isn't welfare, it's an SEC requirement.
The Securities and Exchange Commission today voted to adopt rules directing the national securities exchanges and national securities associations to prohibit the listing of any security of an issuer that is not in compliance with the audit committee requirements established by the Sarbanes-Oxley Act of 2002
http://www.sec.gov/news/press/2003-43.htm
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Be well