Save Sarbox -- it's Good for Business
Annette Nazareth, an SEC commissioner, says SarbOx may need some refining but that it is good for business -- leading to higher company valuatins --and it protects the individual investors who make the US markets the deepest in the world. The slowdown in listings? Blame low interest rates and private equity -- the US share of IPOs has actually increased since 2001, she says. While the US debates SarbOx and pressure builds to change the law, other countries are adopting legalisation similar to Section 404. "This suggests thatSarbox has not harmed our ability to compete but rather is viewed bu other countries asproviding valuable investor protections."
<a href="https://www-secure.businessweek.com/tms-subs-s/bin/auth.cgi?H03a3adb24b0c344a75aea56b1eba155b:url=http:Zb2fZb2fwww.businessweek.comZb2fpremiumZb2fcontentZb2f06_46Zb2fb4009126.htmZb3fchanZb3dsearch&ear=0&ipr=0&grp=1Zc6Zc51&fmt=si32&oip=75.193.239.135&rc=iv&kid=400001.220&ss=env" title="Protects Individual Investors">Protects Individual Investors</a>
