Tone from the Top: As the SOX world turns

The Sarbanes-Oxley world continues to turn. And although many claim that it is spinning out of control, signs are beginning to indicate that a move to a more stable and rational environment is pending. Let me highlight just a few of the reasons for the roller coaster ride and some of the relief that is on the way.

Real or perceived drastic events result in drastic measures. The nine‑month period that ended with the passage of the Sarbanes-Oxley Act of 2002 was no exception. A quick look at the major headlines during that time tells the tale of a crisis in the making.

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