State of Innovation

Patents and Innovation Economics

Repeal of Sarbanes Oxley and Dodd Frank Proposed

According to US News.  Newt Gingrich is proposing to repeal Sarbanes Oxley and Dodd Frank on his inaugural day.  SOX has killed innovation by making it impossible for technology startups to get funding.

At his speech at the Republican Jewish Coalition’s 2012 Republican Presidential Candidates Forum this afternoon, Gingrich urged attendees to help vote a large Republican majority into the House and Senate in 2012 so Congress could immediately pass repeals of the Affordable Care Act and the financial regulations Sarbanes-Oxley and Dodd-Frank.

This would be an excellent start, now we just need him to repeal the America Invents Act and roll back spending to 2007 levels.

 

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December 9, 2011 Posted by | News, Regulation | , , , , | 2 Comments