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| | Sidley Austin | Client Resources | July 25, 2003 - Latin American Edition |
 | | On July 16, 2003, the SEC issued an order approving rules proposed by the Public Company Accounting Oversight Board relating to the registration of public accounting firms. |
 | | Accordingly, beginning October 22, 2003, it will be unlawful under the Sarbanes-Oxley Act for any US accounting firm not registered with the PCAOB to participate in the preparation or issuance of an audit report with respect to an "issuer," as the term is defined in the Sarbanes-Oxley Act. |
 | | The website is currently used for preparing and submitting ownership reports, Forms 3, 4, 5 and their amendments, Forms 3/A, 4/A and 5/A. The improvements include the ability to list holdings of securities separately from securities transactions and facilitating the reporting of gift, phantom stock plan and similar transactions. |
| www.sidley.com /news/pub.asp?PubID=111428812003 (579 words) |
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