Foundation for Economic Education
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Lawsuit Challenges Sarbanes-Oxley
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Corporate executives, faced with greater regulatory scrutiny and demands in the wake of corporate scandals like Enron, have for some time moaned that new compliance rules are costing them profits and manpower, as well as combersome and probably not that effective.
Now a new lawsuit's adding another criticism: They're unconstitutional. (CNN [1], Wednesday)
State interference in economic life, which calls itself economic policy, has done nothing but destroy economic life. –Ludwig von Mises
FEE Timely Classic
The Awesome Powers of Government [2] by Murray Weidenbaum
Article printed from Foundation for Economic Education: http://www.fee.org
URL to article: http://www.fee.org/articles/in-brief/lawsuit-challenges-sarbanes-oxley/
URLs in this post:
[1] CNN: http://money.cnn.com/2006/03/21/news/companies/compliance_complaints/index.htm
[2] The Awesome Powers of Government: http://www.fee.org/publications/the-freeman/article.asp?aid=4696
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