Sarbox Is a Disaster, and Chris Cox Is For It

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This is an opinion item.

Author(s) Mallory Factor
Source National Review
Date October 6, 2006
URL http://article.nationalreview.com/?q=OTExMDA5MmE3YjdkYTIzZjIwYWVjNjUzOTA1Y2E2NzI=
Quote
"More than 700 corporate crimes have been punished and $250 million in ill-gotten gains restored since 2002, all based on pre-Sarbox laws. We didn’t need Sarbox to restore investor confidence in the marketplace. Meanwhile, new foreign issuers of stock have virtually disappeared from the American marketplace, as companies seek out friendlier regulatory environments, such as London."


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This item argues for the position Act should be repealed on the topic Sarbanes-Oxley Act.