PointofLaw.com
 Subscribe Subscribe   Find us on Twitter Follow POL on Twitter  
   
 
   

 

 

"It's time to repeal Sarbanes Oxley"



Legendary tech columnist John C. Dvorak argues for SOX's repeal, bemoaning both its squelching of innovation and the corporate CEOs too scared to speak out against it. Of course, if one is a big-money CEO, one might not be entirely upset about a law that reduces the ability of a startup to obtain the capital it needs to unseat established players, despite the additional costs it imposes on one's company. The real victims are the consumers who miss out on that competition, and small investors who miss out on the opportunity to participate in deals that are now handled by private equity and foreign stock markets, but those sorts of unseen regulatory costs get undervalued in the policy debates by those who purport to speak on behalf of investors and consumers. See also.

 

 


Isaac Gorodetski
Project Manager,
Center for Legal Policy at the
Manhattan Institute
igorodetski@manhattan-institute.org

Bridget Carroll
Press Officer,
Manhattan Institute
bcarroll@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.