After more than a year, the Securities and Exchange Commission finally received a final report from its Advisory Committee on Smaller Public Companies.

There weren't any surprises left in the 240-page document -- its major recommendations, to exempt an estimated 80 percent of public companies from at least part of the internal controls provisions of the Sarbanes-Oxley Act, and exempt and companies with market values less than $125 million, was first announced in December.

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