November 06, 2009
Will Sarbanes-Oxley Be A Casualty of the Financial Crisis?
Posted by David Zaring

Floyd Norris says yes, and I must say I'm surprised.  Despite the raft of academic criticism about Sarbanes-Oxley, it is hard to believe that a deregulatory measure would be a popular sell in Congress, though the column is worth a read on that score.  Prediction: if the momentum to revisit the statute is strong enough, it is unlikely that it would not be paired with some financial reform directed at this crisis.  In that sense, Sarbanes-Oxley has made a Consumer Financial Products Agency that much more likely.

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