More Evidence Sarbox is Hurting Our Economy
Last Updated on Thursday, 20 May 2010 08:44
Written by dbhalling Thursday, 20 May 2010 08:44 |
AWall Street Journal article discusses how a number of European companies are delisting from US stock exchanges. The article points out 
that cost of complying with US law is outweighs any benefits derived by being listed on a US stock exchange. It also explains that the cost of Sarbanes Oxley is increasing, despite earlier predictions that the cost of SOX would decline over time. The new financial reform bill does nothing to address these problem. In fact the present financial reform bill, at over 1400 pages, is going to make it more difficult for start-ups to raise money and more costly to go public in the US.
[...] This post was mentioned on Twitter by PriorSmart, Dale Halling. Dale Halling said: More Evidence Sarbox is Hurting Our Economy: http://wp.me/pwxHH-f3 [...]