If Oxley had more control over that process and the timing, I just don't think we would have the law that resulted.
If Oxley had more control over that process and the timing, I just don't think we would have the law that resulted.
Still, even when you concede that Sarbanes-Oxley performed a public service--by spurring companies to clean up their acts--the fact remains that the law has created inequities, especially for small companies. Even Oxley himself has begun backpedaling. In a recent speech in London, he recalled the hothouse atmosphere ... a bit more flexibility for small and medium-size companies.
Mike Oxley has provided steady, dedicated leadership to House Republicans, and I am grateful for his service,
The banking industry is losing a valued friend, but we're confident that the committee will maintain the civil and pragmatic approach that Chairman Oxley fostered.
I think the compromise works. I talked to Chairman (Michael) Oxley about it again today and we look forward to having that situation resolved on the House floor next week.
© 2020 Inspirational Stories
© 2020 Inspirational Stories