In Defense of Sarbanes-Oxley
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This is an opinion item.
| Author(s) | Paul Volcker |
|---|---|
| Source | The Wall Street Journal |
| Date | June 14, 2004 |
| URL | http://online.wsj.com/article/SB108717805594936016.html |
| Quote | "More importantly, we must not forget that U.S. markets are the best in the world because they are the best regulated. We should not engage in a race to the bottom. Instead, we should lead the world to the top, and we are. Countries are emulating our reforms -- from the new Combined Code in the U.K. to Germany's new Kodex of best practices -- and as a result, we are strengthening the global economy, not being defeated by it."
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This item argues against the position Act should be reformed on the topic Sarbanes-Oxley Act.
