Sen. Sarbanes to critics: New law is working

And he is right....it IS working.

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Since November, federal law has required public companies to have internal accounting controls to ensure that their financial reporting is accurate. That's just one of the provisions of the 2002 Sarbanes-Oxley Act that riles businesses. We asked the co-author of the law, U.S. Sen. Paul S. Sarbanes, D-Md., to respond to critics.

See full Interview.