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The brief chill of Sarbanes-Oxley

The brief chill of Sarbanes-Oxley

by Rick Turoczy on May 24, 2006

It seems no matter who I have spoken with — small-business owners, investment managers — they all seem to agree that the Sarbanes-Oxley Act had a chilling effect on small business. (The 2002 federal law tightened financial reporting requirements for publicly owned companies.) As these folks see it, the compliance costs of Sarbanes-Oxley have deterred fast-growing private firms from going public and pushed small public companies to either be bought out by private companies not subject to the regulations or simply go private themselves.

The brief chill of Sarbanes-Oxley

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