Corporate Compliance Alert

The U.S. Federal Sentencing Commission has approved changes which compel a re-examination of corporate compliance policies. These changes, on top of the passage of the Sarbanes-Oxley Act of 2002 (SOX), and the resulting SEC and OSHA regulations, new rules from the stock exchanges and new state laws have rendered the compliance policies and practices of many companies inadequate. It is important that all companies review their compliance policies and practices to ascertain that they meet the rigorous new standards for compliance programs imposed by the revised sentencing guidelines and new laws.