June 27, 2018
SEC Classification Table > Click image to enlarge
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While fast-growing companies might be lured by shortcuts, cutting corners can often have devastating effects in a heavily regulated market. Not fully addressing compliance requirements under the Sarbanes-Oxley Act of 2002, commonly known as SOX, is one shortcut that can lead to errors in financial statements and corporate disclosures—devaluing stock price and damaging investor confidence.