Smaller public companies could catch a break with a proposal to ease the financial control rules imposed several years ago by Section 404 of Sarbanes-Oxley legislation, or SOX as it is known. The Securities and Exchange Commission proposed revisions to the regulations for companies with market capitalizations ranging between $75 million and $700 million that would lessen the requirements for testing internal controls and some of the documentation required. Smaller companies have been outspoken about the burden that SOX imposes for them.