Take SOX to start. Without doubt, SOX was necessary. Investors desperately needed to see that the US government was committed to keeping American business clean and fair. SOX did that, and that was great. But any law that passes the US Senate by a vote of 99-0 has to be excessive – and SOX was.
For complete IIPM article click here
Source:- IIPM Editorial, 2006
For complete IIPM article click here
Source:- IIPM Editorial, 2006