Newspaper Halts Deliveries. Sarbanes-Oxley Blamed.
SOX Compliance Goes Postal on New Mexico Papers
Melissa Aguilar reports in ComplianceWeek:
Aguilar
The Clovis News Journal—paper of record for Clovis, population 37,200—says that it cand no longer deliver newspapers to its subscribers. The reason? Sarbanes-Oxley.
“Due to the federal Sarbanes-Oxley Act and its required implementation locally by the U.S. Postal Service, the Portales and Clovis post offices no longer can provide same-day mailed service of the Portales News-Tribune and the Clovis News Journal,” according to the News Journal website.
But higher up the U.S. Postal Services ranks, a spokesperson says they’re misinterpreting the rules at the Clovis branch. You need to read it to believe it, here: Compliance Week.
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