SOX had great intentions but was one of the most poorly implemented regulations ever.
SOX was a law passed in a hurry after a big scandal. It's intention was to allow politicians to be seen to be doing something. The more painful that something is in practice, then the more they are seen to have done something.
SOX as implemented is therefore working just as intended. The trouble is that the intentions were bad in the first place.
SOX was a law passed in a hurry after a big scandal. It's intention was to allow politicians to be seen to be doing something. The more painful that something is in practice, then the more they are seen to have done something.
SOX as implemented is therefore working just as intended. The trouble is that the intentions were bad in the first place.