Financial History Magazine: TWO DECADES OF THE Sarbanes-Oxley Laws

By SIMON CONSTABLE

At the beginning of the millennium, a massive stock market meltdown along with some notable examples of corporate malfeasance carved a hole in the public’s trust in the stock market. The government’s response was to enact the Sarbanes-Oxley legislation, which would pile a heap of new regulations on publicly traded corporations and their leaders. At the time, the move saw huge bipartisan support and was generally greeted favorably. However, in the intervening two decades, the fallout from the new laws led to some likely unintended, but rather predictable, outcomes. Read more here.

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