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May 18, 2006

SEC rejects meaningful SOX reform

Sarbanes_Oxley_Harm6.jpgThe Securities and Exchange Commission has chickened out on reforming implementation of one of the most costly and misdirected forms of business regulation in recent memory, the Sarbanes-Oxley legislation. The SEC press release is here and previous posts on SOX are here.

Larry Ribstein has followed closely and written extensively on this issue, and his post on the SEC's most recent punt is here.

Posted by Tom at May 18, 2006 6:48 AM

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