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Look who’s making sense on Sarbanes-Oxley

Look who’s making sense on Sarbanes-Oxley

by Rick Turoczy on November 2, 2006

Interesting op-ed this morning in the Wall Street Journal (subs. req.) by Sen. Schumer and NYC Mayor Michael Bloomberg. They are worried about the diminishing prominence of the City and the U.S. in capital formation. Most intriguing parts: the realization that Sarbanes-Oxley over-regulation and class-action lawsuits in the securities areas are making our markets less attractive for business and investors.

Look who’s making sense on Sarbanes-Oxley

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