Being the thoughts and writings of one Gustaf Erikson; father, homeowner, technologist.

Monday, 2006-02-20

SOX under fire?

Kenneth Starr of Monicagate fame is going after the PCAOB (paywall warning). This is the regulating authority set up by the SOX act. If he and his “free-enterprise” cronies could get it declared unconstitutional, SOX could be history.

As someone who has suffered the death of a thousand cuts that is a SOX audit, I wish them the best of luck. I’m sure that US business needed chastisement after Enron, but SOX goes way too far in the other direction. It’s like a farce, a parody of bureaucratic interference in business practices.

Submit a comment

Please enter comments as plain text only; HTML is not supported. Submitting an URL is optional.

Comments are moderated and may not appear immediately.

Comments are closed for this story.