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Compliance Costs of SOX

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The Sarbanes-Oxley Act, or SOX, has its challenges and benefits for corporate America. Gary Brown, a shareholder in the Nashville, Tenn., and Washington, D.C. offices, of Baker Donelson, says SOX has made corporate directors and senior executives much more attuned to the details. In this interview with Insurance Journal's Andrea Wells at a PLUS meeting in late 2007, Brown discusses the benefits of SOX and the high-cost of compliance with SOX's section 404.

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