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April 18, 2005


Here Comes the Sarbanes-Oxley Backlash

Filed under: — sbraford @ 10:50 am

The NY Times has a piece on rising corporate backlash over Sarbanes-Oxley:

Last week, business representatives gathered in Washington at an all-day roundtable discussion held by federal regulators and complained about the cost of complying with a provision of the Sarbanes-Oxley corporate reform law. Not one business leader asked to repeal the law, which was passed in 2002 after a wave of financial scandals, or to gut it. Nearly every executive, however, lamented the costs of compliance.

Read more here

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