Democrats loosening their SOX?
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This is an opinion item.
| Author(s) | The Washington Times editorial board |
|---|---|
| Source | The Washington Times |
| Date | November 27, 2006 |
| URL | http://www3.washingtontimes.com/op-ed/20061126-105156-9044r.htm |
| Quote | "There is no question that the relative slowdown in the number of companies choosing to list on American stock exchanges compared to counterparts overseas can be partly explained by the onerous regulations of Sarbanes-Oxley's Section 404. There is no question that some smaller companies choose to remain private rather than enjoy the benefits of listing stock publicly because the costs can outweigh the benefits for some. And there is no question that a loosening of the rules for smaller companies would be the correct thing to do."
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This item argues for the position Act should be reformed on the topic Sarbanes-Oxley Act.
