SOX Application to Small Business Delayed Again

   The Securities and Exchange Commission will give small publicly-traded businesses a one-year delay on top of a previous one-year delay to compy with Section 404 (the internal controls section) of the Sarbanes-Oxley Act of 2002.  Smaller businesses have argued that the Section is too expensive and burdensome.  Small companies, according to a survey by FEI, will spend an average of $825,000 a company to comply with the section.  The SEC rules under this section are a mess.