Securities Advisory: Complaint Mechanisms and Employee Whistleblowing
1/15/2004
Mintz Levin has issued a series of advisories addressing the Sarbanes-Oxley Act and it's regulations. This advisory addresses the provisions of the Act requiring Audit Committees of companies whose securities are listed on a national securities exchange or Nasdaq to design and implement procedures for processing complaints and concerns regarding certain accounting and auditing matters.
This issue discusses details relating to compliance with these new regulations and also addresses the Act's civil and criminal provisions relating to retaliation against employee whistleblowers.
