SOXing It to Small Businesses

On April 13th, the Securities and Exchange Commission will (finally) hold a hearing on the impact of Sarbanes-Oxley's internal controls reporting requirements. It's a small step in the right direction.

It's now beyond dispute that Sarbanes-Oxley has imposed a much higher regulatory burden on US public corporations than the law's sponsors ever imagined. It's also beyond dispute that those costs are disproportionately borne by small business.

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