Free Pricing | JCPenney Coupons | Pizza Hut Coupons | Home Depot Coupons
Dr. Peter Morici: Will the NYSE-Euronext merger smash Sarbanes Oxley?

Dr. Peter Morici: Will the NYSE-Euronext merger smash Sarbanes Oxley?

by Rick Turoczy on June 5, 2006

The most significant NYSE-Euronext asset may be to help companies shift more easily among national exchanges to escape regulations that impose more costs than benefits to investors.

Consider the Sarbanes-Oxley Act of 2002 (SOX). Enacted in the wake of the Enron-era accounting scandals, it requires new, tougher controls for virtually every activity affecting a publicly-traded company’s financial statements.

While improvements to the reliability of financial statements and transparency were welcome, some SOX requirements are simply too burdensome.

Dr. Peter Morici: Will the NYSE-Euronext merger smash Sarbanes Oxley?

Leave a Comment

Previous post:

Next post: