The Wall Street Journal cites Senior Fellow John Berlau on the Sarbanes-Oxley law:
“Earlier this year John Berlau and Josh Rutzick wrote in the Journal on the 20th anniversary of the enactment of the Sarbanes-Oxley law:
Coming on the heels of scandals at Enron and WorldCom, it was touted as a method for cracking down on accounting fraud at big companies and firms.
Twenty years later, legitimate entrepreneurs and ordinary investors are punished by the law’s costly mandates. Sarbanes-Oxley has permanently altered the landscape of business growth and development.”