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ARTICLE · 23 SEPTEMBER 2002

SEC Adopts Rules Implementing Sarbanes-Oxley CEO/CFO Certification and Internal Controls Requirements

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By Edward S. Best, Michael T. Blair, Philip O. Brandes, David M. Butowsky, James B. Carlson, Robert E. Curley, Michael L. Hermsen, James J. Junewicz, Philip J. Niehoff, Elizabeth A. Raymond, Laura D. Richman, David A. Schuette, Mark R. Uhrynuk and James R. Walther

Originally published on September 4, 2002

Effective August 29, 2002, the Securities and Exchange Commission adopted new Rules 13a-14 and 15d-14, and amended other rules and forms, implementing the CEO/CFO certification provisions of Section 302 of the Sarbanes-Oxley Act of 2002 in Release Nos. 33-8124, 34-46427 (August 29, 2002). These new certification requirements supercede those proposed by the SEC on June 14, 2002 and are in addition to the CEO/CFO certification requirements contained in Section 906 of the Sarbanes-Oxley Act. This new certification is in some respects more extensive than the Section 906 certification and includes certifications regarding the adequacy of a company's procedures for producing SEC

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