Created financial information services firm Innovative Market Systems to sell financial data, analytic tools to Wall Street.

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For accountants, the harshest aspect of the new legislation is its outright ban on nine kinds of non-audit service, including building financial-information systems, legal services and investment banking.

ECONOMIST: A tough corporate-reform bill sails through

And corporate breaches spill millions of customers' credit card information into the black market: A breach in January at the retailer TJ Maxx revealed the private financial data of more than 46 million customers, while Certegy Credit Systems, a branch of Fidelity National Information Services, announced last week that a former employee had stolen and sold customers' data, exposing as many as 2.3 million accounts.

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