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Published on FierceSarbox (http://www.fiercesarbox.com)

Sarbox as a Presidential-election year issue

By admin
Created Oct 23 2007 - 6:59am

Do you think Sarbanes Oxley has legs as a political issue? Well, Rudy Giuliani has weighed in. He says he originally supported the law but has recently developed a more critical mindset. He says Sarbox certifications "serve no purpose" and the law ought to be revisited. I doubt that any of the top candidates will want to run with Sarbox-related issues. It's really not anything the public can get behind. My guess is that all will gravitate to a boring position: The law has served to protect investors in some regards and make ethics a corporate priority, but the excesses need to be curbed for the U.S. to remain financially competitive. Yawn.

For more:
- here's a Financial Week article [1]

Watch:
- this video [2] of Giuliani talking about his position on Sarbox


Source URL:
http://www.fiercesarbox.com/story/sarbox-presidential-election-year-issue/2007-10-23