Despite the
bright spotlight of the convictions of top Enron executives Ken Lay and
Jeff Skilling, on April 23 a Securities and Exchange Commission (SEC)
advisory committee made recommendations that fully 80% of all
publicly-traded companies should be allowed to ignore the key investor
protections of the PIRG-backed Sarbanes-Oxley Corporate Reform Act, the
law passed in 2002 to prevent future Enrons and WorldComs.
Urge
the SEC to prevent future Enrons and WorldComs by rejecting the
anti-investor recommendations of and then disbanding its Advisory
Committee on Smaller Public Companies.
