And then you have Sarbanes Oxley which just made it a tax on going public.
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For reasons that are unclear to me, apparently these are not matters examined in Sarbanes Oxley reviews.
And Sarbanes Oxley had the unintended consequence of putting a lot of companies under pink sheets so they became non-reporting.
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Green came to the legal business after a career in banking, during which he wrote a book on the Sarbanes Oxley bill.
An era has passed, and let me tell you: Before Sarbanes Oxley, it was a lot more fun covering CEOs then than now.
Four days earlier, Morphis took to Facebook to complain about the reporting standards of Sarbanes Oxley, legislation often criticized for burdening newly public companies.
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She argues that under Sarbanes Oxley rules, companies that trade on any exchange are required to have internal compliance systems in place but that this rule undermines those systems.
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Eighty-three percent said the most important ingredient for a vibrant public market is investor appetite compared to 33% who pointed to the need for easier reporting requirements (read: Sarbanes Oxley).
Certainly, bank managers should take precautions such as seeking their own legal counsel and obtaining sufficient insurance just like directors were forced to do years ago with Sarbanes Oxley regulations.
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Because it is listed on NASDAQ and subject to Sarbanes Oxley, which requires internal procedures at publicly traded companies to pump out disclosures of material events like those that result in your chief executive being grilled before a British parliamentary committee.
During the past decade, a variety of factors including decimalization, Sarbanes Oxley, the dismantling of Wall Street research departments, and the consolidation of the boutique investment banks into behemoth Wall Street firms have conspired to create structural changes to the capital markets.
Immediately after the Sarbanes-Oxley law was passed, audit firms were unwilling to risk scrutiny by the PCAOB and potential litigation under Sarbanes-Oxley over questionable accounting treatments or ones they were possibly coerced into agreeing to or ignoring for the sake of the relationship.
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The federal government has also served to distract our IT security teams as numerous bills have required an onerous documentation and reporting regime to comply with Sarbanes Oxley and HIPAA, while failing to pass legislation that addresses the morass of state breach disclosure laws we have to comply with.
The Sarbanes-Oxley law was enacted as a result of a number of corporate and accounting scandals.
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What Sarbanes-Oxley has manifestly done is impose hefty costs on publicly held companies, especially small ones.
Stocks plummeted only when it became clear that Washington was going to pass the Sarbanes-Oxley Act.
But these days, in the aftermath of Sarbanes-Oxley, the balance is out of whack.
The kind of fraud Ebbers and his sort engaged in was illegal long before Sarbanes-Oxley.
Recurring, cyclical, long-run, abnormal profits such as from regulatory mandates like the 2002 Sarbanes-Oxley Act.
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Sarbanes-Oxley actually has two enforcement regimes--one civil, one criminal--to protect people who report on corporate fraud.
As for the reforms, like Sarbanes-Oxley, born of the Enron implosion, they're already under fire.
Still, Sarbanes-Oxley has stopped even that, and it is being copied in other countries.
Sarbanes-Oxley put an end to selling legal expertise alongside accountants' other services to listed companies.
Businesses see it differently, citing data that shows Sarbanes-Oxley has chased money and jobs overseas.
Sarbanes-Oxley has become a classic example of the reason legislators should not legislate in haste.
Meanwhile, staring down on all this is that see-no-evil, never-enforced God of regulation known as Sarbanes-Oxley.
One of the most damaging regulations imposed on the American people is the Sarbanes-Oxley Act.
The Sarbanes-Oxley Act tosses around words such as misconduct and fraud without defining them.
Moreover, Sarbanes-Oxley and other regulations have hampered the resurgence of a vigorous IPO market.
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