South Dakota legislators earlier this year passed a number of new financial control laws. Much of that was spurred by financial issues with the EB-5 and Gear Up programs.
Lieutenant Governor Matt Michels was involved in the structure of the new Internal Controls Board…………

Michels says the board, which holds its second meeting Tuesday, will formally adopt its rules….

Michels says the board should actually simplify financial reporting rules…..

Michels says so far, the board has about eighty people attending the meetings.