Corporate Governance

The Race to the Bottom Presents: Up-the-Ladder Reporting Rules under Section 307 of Sarbanes Oxley

By J Robert Brown Jr.

One of the many changes wrought by SOX was the imposition of reporting obligations on securities lawyers when they learn facts that suggest a possible violation of the securities laws and fiduciary obligations.  Included in Section 307 of SOX and codified under 17 CFR 205 by the Securities and Exchange Commission, the requirements have been in place since 2003.

TheRacetotheBottom started in part to explore issues raised by SOX.  With that in mind, it is time to review these rules and determine whether the reporting obligations have worked.  As a result, the Blog is holding a free CLE that will explore these rules and how they were handled by outside and inside counsel.  The event (we have applied for 2 ethics credits) will be on April 13 from 4-6pm at Holland & Hart at 555 Seventeenth Street, Suite 3200, Denver, CO.  There will be no charge for participation.

Titled Up-the-Ladder Reporting Rules under Section 307 of Sarbanes Oxley: The practical realities of reporting material violations and the role of the Qualified Legal Compliance Committee, speakers will include:  Rich Baer, Chief Administrative Officer and General Counsel, Qwest Communications; Frederick Baumann, Partner, Rothgerber Johnson & Lyons; Holly Stein Sollod, Partner, Holland & Hart; Theodore Banks, Of Counsel, Schoeman, Updike & Kaufman and former counsel at Kraft Inc.; and Kevin O'Brien, Associate Professor, Daniels College of Business, University of Denver.  

To attend, please RSVP to RacetotheBottomEditors@gmail.com

Full post as published by The Race to the Bottom on March 31, 2010 (boomark / email).