Monday, May 18, 2009

Goodbye Sarbox?

The Supreme Court apparently is going to test the constitutionality of Sarbanes-Oxley rules. Personally, I hope the Supremes do rule that way. Sarbox has been a major burden for smaller and mid-sized firms, adding millions of dollar in annual cost, in many cases, and killing the Initial Public Offering market. 

http://www.businessinsider.com/henry-blodget-supreme-court-may-kill-sarbanes-oxley-and-resurrect-ipo-market-2009-5

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