Last modified: Thursday, February 12, 2009
NASDAQ OMX vice chairman and co-sponsor of the Sarbanes-Oxley Act to make an Indiana appearance
FOR IMMEDIATE RELEASE
Feb. 12, 2009
Editors: Michael G. Oxley will be available to meet with the media from 9:30 a.m. to 10 a.m. on Feb. 19 at Meridian Hills Country Club, 7099 N. Spring Mill Road in Indianapolis. Contact George Vlahakis or Sue Artmeier for more information.
BLOOMINGTON, Ind. -- Two centers in Indiana University's Kelley School of Business -- the Institute for Corporate Governance and the Johnson Center for Entrepreneurship and Innovation -- are partnering with NASDAQ OMX and the Indiana Association for Corporate Growth to host programs on Feb. 19 featuring the Hon. Michael G. Oxley.
Oxley, a non-executive vice chairman of NASDAQ OMX, is a former U.S. congressman and co-sponsor of the Sarbanes-Oxley Act of 2002. The programs, to be held at the Meridian Hills Country Club in Indianapolis, are by invitation only.
Oxley joined NASDAQ in 2007 after a 34-year career in public life, including 25 years in Congress and as former chairman of the House Financial Services Committee.
The Sarbanes-Oxley Act was enacted in response to the high-profile Enron and WorldCom financial scandals to protect shareholders and the general public from accounting errors and fraudulent practices in the enterprise. The act is administered by the Securities and Exchange Commission and states that all business records, including electronic records and electronic messages, must be saved for "not less than five years."
Oxley now works with public company chief executives and board members on NASDAQ's behalf and oversees outreach to NASDAQ listed companies on public policy issues. Additionally, he is an advisor to NASDAQ President and Chief Executive Officer Bob Greifeld and the NASDAQ board of directors.
At the morning session, Oxley will focus his presentation on the current economic turmoil, while the afternoon session will be a roundtable discussion about the role of corporate governance with Oxley and Dan Dalton, the Kelley School of Business's Harold A. Poling Chair of Strategic Management and director of the Institute for Corporate Governance. Donald F. Kuratko, the Kelley School's Jack M. Gill Chair of Entrepreneurship and executive director of the Johnson Center for Entrepreneurship and Innovation, will be the moderator.