What Every Private Equity Professional Must Know About Sarbanes-Oxley Reforms

Partially on their own initiative and partially in response to the Sarbanes-Oxley Act of 2002, the NYSE and Nasdaq have also proposed rules to enhance board and audit committee independence and impose other corporate governance reforms.  This article, co-authored by Jack S. Levin, James S. Rowe and Robert M. Hayward, focuses on the key issues of particular concern to private equity funds and their portfolio companies arising out of Sarbanes-Oxley and the NYSE/Nasdaq proposed rules.  The article first appeared in the Fall/Winter 2002 issue of The Venture Capital Review and is presented here in PDF format.