Eliot Spitzer has questioned the extent to which Sarbanes-Oxley legislation has been implemented in relation to smaller companies.
The New York Attorney General, who is a Democrat, said: "We've seen some unintended consequences from Sarbanes-Oxley. It has created an unbelievable burden for small companies and may be preventing some initial public offerings."
The legislation's Republican co-author, Michael Oxley, has said that the US Securities and Exchange Commission could consider rolling back some of its stiff internal accounting provisions, particularly for smaller firms.
Spitzer said: "We've gone too far in some respects.”
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
