MF Global could finally help SarbOx prove itself

November 15, 2011

The Enron-inspired Sarbanes-Oxley Act helped clean up U.S. companies’ books, albeit at a cost. But approaching 10 years on, enforcers have filed few cases, despite glaring failures in the crisis. Jon Corzine’s fallen firm may at last offer a chance to test the reform’s teeth.

from Rolfe Winkler:

The race to the regulatory bottom continues

November 4, 2009

An amendment that would permanently exempt small public companies from complying with a key provision of the Sarbanes-Oxley Act advanced in Congress today. Such a waiver demonstrates the bankruptcy of our approach to reform.