Focus (Forum & Focus)
Jul. 31, 2007
Fraud-Busting Sarbanes-Oxley Act Is Too Important to Discontinue
Forum Column - By Mark Labaton - Five years after a sea change in corporate regulation, the blockbuster legislation continues to right the wrongs of big business.
By Mark Labaton
Five years ago, in the wake of corporate accounting scandals that shook American markets and spooked investors, Congress passed the Sarbanes-Oxley Act, landmark securities law legislation to deter corporate fraud, protect investors and enhance confidence in U.S. capital markets.
Leading up to the act's passage on July 30, 2002, Americans saw the demise of some...
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