The Sarbanes-Oxley Act is the focus of yet another roundtable. This will be courtesy of the Free Enterprise Fund and the Competitive Enterprise Institute.

The press release hook line is "Academics, legal experts and business leaders to explore strategies to curb government overregulation." Open minded then.

Both organisations say that Sarbanes-Oxley was introduced with good intentions, but that it was rushed and an over-reaction.

A result, according to the organisations is a dramatic expansion of regulatory power that has failed to in achieving its objectives. Enormous costs are the result on U.S. businesses and capital markets.

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