Lex Luz

Kill Sarbanes-Oxley - Gingrich

It is imperative in my view that we create a new framework for corporate regulation and good governance. Total deregulation is nonsensical and wrong-headed. Onerous regulation like Sarbanes is equally nonsensical and wrongheaded. There should be one criterion above all others: the promotion of transparency. The next should be simplicity.

Only through the full transparency of all actors can confidence in markets be restored. Only through simplicity will enough parties come to the table to make the framework workable.