The new law also limits members of Congress and executive employees to participating only in those initialpublicstockofferings that are available to the general public.
Maybe we should inform the 569 companies that held initialpublicofferings on European stock exchanges in 2003 and 2004 (as opposed to just 348 offerings on the U.S. exchanges) of all the Sarbanes-Oxley goodness they're missing.
Authorities dismantled Yukos in a closed auction, and its key assets were ultimately acquired by state-controlled Rosneft, which is slated to go public on the London Stock Exchange this summer in one of the largest initialofferings ever.
China's big state-controlled banks were among the largest initialpublicofferings in the world when they listed in recent years, but their recent stock performance has been weak, as investors worry that they are carrying bad debts on their books.